Waaree Renewable Technologies has been awarded an Engineering, Procurement, and Construction (EPC) contract by Sunsational Power to develop a 300 MW ground-mounted solar plant. The project includes two years of operations and maintenance services, with completion targeted for fiscal year 2027.
Waaree Renewable Technologies Limited (WRTL) has secured a significant domestic contract to construct a 300 MW AC (450 MWp DC) ground-mounted solar power facility. According to official regulatory disclosures, the project was awarded by Sunsational Power, which operates as a subsidiary under the WRTL corporate umbrella.
The scope of work encompasses comprehensive engineering, procurement, and construction (EPC) services, followed by an additional two-year operations and maintenance (O&M) commitment. WRTL is an Indian renewable energy engineering company specializing in solar EPC services and operating as the listed clean energy arm of the broader Waaree Group.
This development underscores the escalating momentum within India's utility-scale clean energy pipelines as corporations push to expand generation capacity. By formalizing this intra-group arrangement, the company ensures high visibility over its revenue pipeline for the upcoming fiscal years. The project timeline mandates a phased execution schedule, with final commissioning slated for the financial year ending 2027.
The execution of this large-scale installation directly accelerates domestic infrastructure deployment in the renewable power sector, reinforcing regional clean energy grids. This initiative supports statutory national decarbonization mandates and provides a steady procurement stream for manufacturing supply chains.
For institutional investors and energy sector decision-makers, this contractual backlog expansion demonstrates sustained technical execution capabilities within the domestic solar ecosystem. The long-term O&M component guarantees high-margin recurring revenue past the initial build phase, mitigating project lifecycle volatility and strengthening the firm's market positioning amid stiff competition in the infrastructure arena.
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