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Waaree Renewable Technologies receives LOI for executing Green Hydrogen project in Maharashtra

01 Apr 2023 Evaluate

Waaree Renewable Technologies has received Letter of Intent (LOI) dated March 31, 2023 for executing a 1 MW Green Hydrogen project in Maharashtra on Built-Own-Operate basis. The order is to be executed in 12 months. The company has received LOI from Mahatma Phule Renewable Energy & Infrastructure Technology.

Earlier, the company had received a Letter of Award (LoA) from one of India's leading renewable energy company, for the execution of Engineering, Procurement and Construction (EPC) works of a solar power project of 154MWp DC capacity on turnkey basis along with five years of operation & maintenance work.

Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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