Waaree Renewable wins Rs 12.33 billion solar project order
POWER & RENEWABLE ENERGY

Waaree Renewable wins Rs 12.33 billion solar project order

Waaree Renewable Technologies, a provider of solar energy solutions, announced on that it had received a "term sheet" for the engineering, procurement, and construction (EPC) of a ground-mounted solar PV project with a capacity of 2012.47 MWp DC.

The estimated value of the order is approximately Rs 12.33 billion (excluding taxes). This order pertains to the development and execution of a large-scale renewable energy project, with the timeline for its completion to be mutually decided by the parties involved.

In a regulatory filing, Waaree Renewable Technologies stated that it had received a term sheet for the EPC works related to the ground-mounted solar PV project with a capacity of 2012.47 MWp DC.

Additionally, Waaree Renewable Technologies reported a nearly threefold increase in its consolidated net profit to Rs 530.51 million during the September quarter, driven by higher income. In the same quarter last year, the company had posted a net profit of Rs 200.54 million. Total income surged to R 5.27 billion, up from Rs 1.50 billion.

Waaree Renewable Technologies, a provider of solar energy solutions, announced on that it had received a term sheet for the engineering, procurement, and construction (EPC) of a ground-mounted solar PV project with a capacity of 2012.47 MWp DC. The estimated value of the order is approximately Rs 12.33 billion (excluding taxes). This order pertains to the development and execution of a large-scale renewable energy project, with the timeline for its completion to be mutually decided by the parties involved. In a regulatory filing, Waaree Renewable Technologies stated that it had received a term sheet for the EPC works related to the ground-mounted solar PV project with a capacity of 2012.47 MWp DC. Additionally, Waaree Renewable Technologies reported a nearly threefold increase in its consolidated net profit to Rs 530.51 million during the September quarter, driven by higher income. In the same quarter last year, the company had posted a net profit of Rs 200.54 million. Total income surged to R 5.27 billion, up from Rs 1.50 billion.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?