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Waaree Renewable Technologies secures 5 MWp solar EPC mandate from Indian PSU

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Waaree Renewable Technologies secures 5 MWp solar EPC mandate from Indian PSU
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Waaree Renewable Technologies Limited has secured a turnkey engineering, procurement, and construction contract for a 5 MWp grid-connected solar project from an Indian public sector undertaking. The contract includes 10 years of operation and maintenance services.

INDIA —Indian solar EPC solutions provider Waaree Renewable Technologies Limited has expanded its domestic utility-scale portfolio after securing a Letter of Acceptance for a 5 MWp grid-connected solar photovoltaic project from a domestic Public Sector Undertaking. The turnkey contract encompasses full engineering, procurement, and construction execution, alongside long-term comprehensive operation and maintenance services spanning a 10-year period post-commissioning.

Under the contractual terms, the solar power installation is scheduled for completion within a 12-month timeline from the date of issuance of the award letter. The commercial order strengthens the company's execution pipeline within India's public sector renewable energy domain, highlighting ongoing demand for state-backed clean power infrastructure development.

Waaree Renewable Technologies Limited, a subsidiary of solar module manufacturer Waaree Energies Limited, specializes in solar EPC services across commercial, industrial, and utility segments, while delivering end-to-end operation and maintenance solutions for solar assets. Headquartered in Mumbai, India, the company plays a key role in executing turnkey solar power infrastructure projects across domestic markets.

The mandate reflects a continued push by state-owned enterprises in India to meet mandatory clean energy targets and accelerate renewable generation capacity. Securing long-term operation contracts alongside EPC delivery offers developers predictable service revenue streams while ensuring sustained operational performance and grid stability for utility-scale solar assets.

For market participants and infrastructure investors, the continuous deployment of small-to-medium scale solar power projects by public sector units highlights the steady decentralization and expansion of India's solar ecosystem. It reinforces the ongoing commercial momentum for specialized renewable engineering contractors capable of offering integrated build-and-operate frameworks.

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