Waaree Renewable Technologies Limited has secured a Letter of Award for executing EPC works for a 124 MWp solar project. Scheduled for completion in FY 2026-27, the order highlights growing domestic momentum in India's renewable sector.
Waaree Renewable Technologies Limited (Waaree RTL) has received a Letter of Award (LOA) from one of India's leading renewable energy solution companies for the execution of Engineering, Procurement, and Construction (EPC) works for a ground-mounted solar PV project of 124 MWp (88 MWac) capacity in India.
Under the terms of the commercial order, the scope of work encompasses end-to-end Engineering, Procurement, and Construction (EPC) services for a ground-mounted Solar PV project with a capacity of 124 MWp (88 MWac). The domestic project is scheduled to be completed during the financial year 2026-27. The order does not involve related party transactions, nor do the promoter or promoter groups have any interest in the awarding entity.
This contract win underscores the accelerating momentum within India's solar ecosystem as utility-scale ground-mounted projects continue to drive the country's clean energy target. Headquartered in Mumbai, Waaree Renewable Technologies Limited is a subsidiary of Waaree Energies Limited and operates as a prominent solar EPC solutions provider. The developer awarding the contract stands as a major renewable energy solution provider in India, furthering regional capacity additions.
The successful awarding of this commercial EPC contract reflects strong institutional investment in large-scale renewable infrastructure, benefiting component manufacturers, EPC contractors, and power grid operators. As India ramps up its solar generation capacity during FY 2026-27, such developments strengthen supply chain resilience, foster job creation in green engineering, and enhance long-term grid integration across domestic energy markets.
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