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Waaree Renewable’s consortium receives LoA for solar power project

11 Mar 2025 Evaluate

A consortium of three members comprising Waaree Renewable Technologies as one of the members has received a Letter of Award (LOA) for Engineering, Procurement and Construction (EPC) works for solar power project of 125 MWAC (181.3 MWp DC) capacity on turnkey basis along with Operation and Maintenance. 

Order value is approximately Rs 740.06 crore (Inclusive of Taxes). The project is scheduled to be completed within 18 months from the date of signing of contract. 

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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