Waaree Renewable Technologies Ltd. Secures LOA for Rs. 65.22 Crore Order.

Waaree Renewable Technologies Limited (WAAREERTL) has been awarded a significant project in the renewable energy sector. The company has secured a Letter of Award (LOA) for the execution of Engineering, Procurement, and Construction (EPC) works for a solar power project with a capacity of 26.4 MW DC. The project will be undertaken on a turnkey basis and has been commissioned by a prominent steel manufacturing company.

The total value of the order stands at approximately INR 65.22 crore, excluding taxes. This marks a substantial investment in the renewable energy infrastructure and underscores the growing importance of solar power in India's energy landscape.

According to the terms of the order, the project is slated for completion during the financial year 2024-25. This timeline reflects WAAREERTL's commitment to delivering high-quality solutions within specified deadlines and contributes to the expansion of clean energy initiatives in the country.

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