Waaree Renewable Technologies Bags Order of ₹7.40 Billion

Waaree Renewable Technologies Limited has stated that a consortium that it is a part of has been awarded a Letter of Award (LOA) for a 125 MWac solar project. Further, the company has bagged an order worth about ₹7.40 billion. This is a major development and reflects Waaree's increasing footprint in India's renewable energy space, wherein it provides engineering, procurement, and construction (EPC) services for solar projects. The firm has been busy adding to its order book with large orders, including new contracts for solar and battery storage projects. These projects are in line with India's ambitious renewable energy goals and make Waaree a major player in India's shift towards sustainable energy solutions.

Source: Business Standard