Waaree Renewable Technologies Ltd (WAAREERTL) has announced a new Engineering, Procurement, and Construction (EPC) contract worth approximately ₹37.96 crore for developing a 10MWac/14MWp ground-mounted solar PV plant in Uttar Pradesh. The turnkey project, awarded by a domestic industrial gases manufacturer, is slated for completion in FY2026-27.
Waaree Renewable Technologies Ltd, a key player in India’s solar EPC segment, continues strengthening its clean energy portfolio through consistent project wins. The latest contract underscores the company’s growing expertise in executing large-scale solar installations across the country.
Under the agreement, Waaree Renewable will undertake complete EPC responsibilities for a ground-mounted solar PV plant located in Uttar Pradesh. The client, a domestic manufacturer and supplier of industrial gases, has entrusted Waaree to deliver the project on a turnkey basis, marking another strategic addition to its domestic project pipeline.
Key Highlights:
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Order value pegged at approximately ₹37.96 crore (excluding taxes)
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Contract covers full EPC scope for a 10MWac/14MWp ground-mount solar PV project
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The project scheduled for completion during FY2026-27
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Awarded by a domestic industrial gases manufacturer; no promoter group involvement
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Classified as a commercial, non-related party transaction
Sources: Company filing on BSE and NSE announcements