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Waaree Renewable Technologies Secures Major Solar Project

26 Mar, 2025

Waaree Renewable Technologies is making headlines as it secured a Letter of Award (LOA) for a significant solar power project. This project involves the engineering, procurement, and construction of a ground-mounted solar power system with a capacity of 170 MW AC/255 MW DC, valued at approximately ₹232.30 crore. Scheduled for completion by the financial year 2025-26, this achievement highlights the company's growing role in India's renewable energy sector. Recently, Waaree also received a LOA for another solar project worth ₹740.06 crore. The stock has shown fluctuating performance, currently trading significantly lower than its 52-week high.

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