Waaree Renewable Technologies won an EPC work order for a 285 MWp solar project from an IPP. Execution is due by FY2027-28; no contract value was disclosed.
From
A leading Independent Power Producer (IPP) Company (unnamed)
Waaree Renewable completed transferring its entire stake in Waaree Green Data Centers to parent Waaree Energies. The company ceased to be a subsidiary from 30 October 2026.
Waaree Renewable Technologies revised scope and capacity under two solar EPC Letters of Award. Aggregate capacity under the awards stands at 800 MWac / 1,109 MWp.
Execution
Scheduled completion during financial year 2027-28, as per the terms of the order
Waaree RTL reported H1 FY27 revenue of ₹1,982 Cr, scaling solar EPC and T&D operations. Strategy focuses on integrated energy transition including BESS, floating solar, and transmission via APSPL acquisition.
Waaree Renewable Technologies reported Q2 FY27 revenue of Rs. 1,057.84 Crore and PAT of Rs. 81.48 Crore. The unexecuted order book remains strong at Rs. 5,500 Crore.
Waaree Renewable Technologies reported an amendment to an existing commercial order, enhancing the scope by approximately ₹22 Crore. All other contract terms remain unchanged.
Waaree Renewable Technologies scheduled a board meeting on October 19, 2026, to approve standalone and consolidated financial results for the quarter ended September 30, 2026.
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