Waaree Renewables on Tuesday, September 9, informed the exchanges that it has received a Letter of Award (LoA) worth ₹1,252 crore from Waaree Forever Energies for a solar power project.The project involves turnkey EPC execution of an 870 MWac / 1,218 MWp grid-connected ground-mount solar power plant, which will include a 33kV/400kV substation, transmission line, and two years of operation and maintenance (O&M) services.
The aggregate capacity is 870 MWac / 1,218 MWp, and the project is scheduled for completion in the financial year 2026-27, subject to statutory approvals.Waaree Forever Energies is a subsidiary of the holding company.
Shares of Waaree Renewable Technologies Ltd. are currently trading about 3% higher at ₹1,041.20. The stock has risen 22% so far in 2025.
