Waaree Renewable Technologies Bags 980 MWp Solar Project

22 Feb 2024 CW Team

The order, bestowed upon Waaree Renewable Technologies Ltd (Waaree RTL), emanated from one of India's leading renewable energy entities. The company has been entrusted with the execution of engineering, procurement, and construction (EPC) work for the solar power plant on a turnkey basis, as revealed in the statement. With this latest addition, Waaree RTL's unexecuted order book has surged to an impressive 2.141 GW, indicating robust growth prospects in the renewable energy domain.

"The receipt of the letter of award (LOA) signifies a momentous milestone for Waaree Renewable Technologies," stated a spokesperson for the company. "We are committed to leveraging our expertise and resources to deliver high-quality solar solutions that contribute to India's renewable energy targets."

According to the terms delineated in the LOA, the ambitious 980 MWp solar project is slated for completion within a tight timeframe of 12 months. This expedited schedule underscores Waaree RTL's commitment to efficient project execution and adherence to stringent timelines.

The solar project represents not only a significant business opportunity for Waaree Renewable Technologies but also a notable contribution to India's renewable energy landscape. As the country intensifies its focus on expanding renewable energy capacity, initiatives like these play a pivotal role in driving sustainable development and mitigating the adverse effects of climate change.

With its proven track record and commitment to excellence, Waaree Renewable Technologies continues to emerge as a frontrunner in the renewable energy sector, spearheading efforts to accelerate the transition towards a greener and more sustainable future.

Waaree Renewable Technologies, a prominent player in the renewable energy sector, announced that it has clinched a substantial order valued at Rs 9.90 billion for the development of a 980 MWp solar project. The news, disclosed through a stock exchange filing, underscores the company's pivotal role in advancing sustainable energy solutions in India. The order, bestowed upon Waaree Renewable Technologies Ltd (Waaree RTL), emanated from one of India's leading renewable energy entities. The company has been entrusted with the execution of engineering, procurement, and construction (EPC) work for the solar power plant on a turnkey basis, as revealed in the statement. With this latest addition, Waaree RTL's unexecuted order book has surged to an impressive 2.141 GW, indicating robust growth prospects in the renewable energy domain. The receipt of the letter of award (LOA) signifies a momentous milestone for Waaree Renewable Technologies, stated a spokesperson for the company. We are committed to leveraging our expertise and resources to deliver high-quality solar solutions that contribute to India's renewable energy targets. According to the terms delineated in the LOA, the ambitious 980 MWp solar project is slated for completion within a tight timeframe of 12 months. This expedited schedule underscores Waaree RTL's commitment to efficient project execution and adherence to stringent timelines. The solar project represents not only a significant business opportunity for Waaree Renewable Technologies but also a notable contribution to India's renewable energy landscape. As the country intensifies its focus on expanding renewable energy capacity, initiatives like these play a pivotal role in driving sustainable development and mitigating the adverse effects of climate change. With its proven track record and commitment to excellence, Waaree Renewable Technologies continues to emerge as a frontrunner in the renewable energy sector, spearheading efforts to accelerate the transition towards a greener and more sustainable future.