News ArticleWaaree Renewable Technologies Signs EPC Contract for 285 MWp Solar Project from Leading Indian IPP
Project execution to be completed during fiscal year 2027-28 with no promoter interest in awarding entity
Waaree Renewable Technologies Limited has signed a work order to execute Engineering, Procurement, and Construction (EPC) for a 285 MWp solar power project awarded by a leading Indian Independent Power Producer, with project completion scheduled in fiscal 2027-28.
Waaree Renewable Technologies Limited
Order Wins
Waaree Renewable Technologies Limited has entered into a work order contract to carry out the Engineering, Procurement, and Construction (EPC) of a 285 MWp solar power project awarded by a leading domestic Independent Power Producer.
The project is to be completed within the financial year 2027-28 as per the contract terms.
The order was received on November 6, 2026, and is a commercial EPC contract awarded by a domestic entity.
Neither Waaree Renewable Technologies’ promoters nor their group companies have any interest in the entity awarding the contract, and it is not a related party transaction.
The contract involves execution of engineering, procurement, and construction services specifically for solar power capacity totaling 285 MWp.
Waaree Renewable Technologies is a subsidiary of Waaree Energies Limited and operates within the renewable energy sector focusing on solar projects.
Highlights
- Work Order received on November 6, 2026, at 6:40 p.m. IST.
- Contract involves EPC execution for a 285 MWp solar power project.
- Awarding entity is a leading Independent Power Producer (IPP) based in India.
- Project scheduled for completion in the financial year 2027-28.
- No promoter or related party interest involved in contract awarding entity.
Key Data Snapshot
What happened
- Waaree Renewable Technologies Limited signed a work order to execute EPC for a solar power project of 285 MWp.
- The contract was awarded by a prominent domestic Independent Power Producer (IPP).
- The company received the Letter(s) of Award on November 6, 2026, at 06:40 p.m. IST.
- The project will be executed and completed during fiscal year 2027-28.
Key details
- The work involves Engineering, Procurement, and Construction (EPC) tasks for the solar power project.
- The awarding party is a leading domestic Independent Power Producer operating in India.
- There is no promoter or promoter group interest in the entity awarding the contract.
- This is a commercial order and is not related to any related party transaction.
Order and execution details
- The EPC order covers a solar power capacity of 285 MWp.
- The project timeline aligns with completion during fiscal year 2027-28.
- Contractual terms specify execution in accordance with regulatory and company standards.
Regulatory and governance context
- This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The announcement aligns with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Highlights
- Work Order received on November 6, 2026, at 6:40 p.m. IST.
- Contract involves EPC execution for a 285 MWp solar power project.
- Awarding entity is a leading Independent Power Producer (IPP) based in India.
- Project scheduled for completion in the financial year 2027-28.
- No promoter or related party interest involved in contract awarding entity.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
More News on Order Wins
View allLatest corporate announcements and market updates in Order Wins.
Shree Refrigerations Limited secures Rs 26.44 crore defence contract from Garden Reach Shipbuilders & Engineers
Shree Refrigerations Limited has obtained a Rs 26.44 crore contract from Garden Reach Shipbuilders & Engineers Limited to supply a range of specialised defence components by July 5, 2027.
Read Full Story
Seamec Consortium Wins USD 26.14 Million Subsea Installation Contract from L&T for ONGC PRP-X Project
Seamec Limited, together with Posh India Offshore Private Limited, secured a USD 26.14 million contract from Larsen & Toubro's Energy Hydrocarbon Division for subsea installation works as part of ONGC’s PRP-X pipeline replacement project.
Read Full Story
NLC India Renewables Wins 200 MW Wind Power Project from SJVN; PPA Signed for 100 MW with 2028 Supply Start
NLC India Renewables Limited, a wholly owned subsidiary of NLC India Limited, has been awarded a contract by SJVN Limited for developing a 200 MW wind power project. The company signed the Power Purchase Agreement for 100 MW capacity, with scheduled power supply to begin by 3 November 2028.
Read Full Story
