Waaree Renewable Bags ₹2.77 Billion Solar Project, Stock Surges 5%

Waaree Renewable Technologies continues its impressive growth trajectory with multiple significant solar project wins. The company recently secured its largest-ever 2 GW solar project from Jindal Renewables' SPV in Bikaner, Rajasthan. This follows their earlier wins including a 2,012.47 MWp DC capacity project worth Rs 1,233.47 crore. The company will handle complete EPC responsibilities including design, engineering, procurement, and commissioning. These projects strengthen Waaree's position as a leading renewable energy solutions provider, with the company having already installed over 10,000 solar projects totaling more than 1.82 GW capacity.

Source: The Economic Times, January 20, 2025