Waaree Renewable Technologies gets 285 MWp solar EPC work order from IPP

Waaree Renewable Technologies (NSE: WAAREERTL) has signed a work order for engineering, procurement and construction of a 285 MWp solar power project, it said in a filing on 07 Nov 2026. The company received the letter of award on 06 Nov 2026 at 06:40 p.m. (IST). The awarding entity is a leading independent power producer.

Key highlights

• Order size: 285 MWp solar power project
• Letter of award received: 06 Nov 2026, 06:40 p.m. IST
• Scheduled completion: financial year 2027-28
• Order value: not stated in the filing

The order in numbers

Order size and scope

The order is for engineering, procurement and construction works on a solar power project of 285 MWp, according to the filing. The company says the work order was signed for this EPC scope.

The filing gives the capacity but not the rupee value of the contract, so the size of the order in money terms cannot be read from it.

Timing and the company's recent orders

The project is scheduled to be completed during the financial year 2027-28, as per the terms of the order. The filing does not give a payment schedule.

Waaree Renewable Technologies has made three other order filings in the last 30 days, on 27 Oct, 30 Oct and 01 Nov 2026. Its latest reported quarter, Q2 FY27 on a consolidated basis, showed total income of ₹1,067.02 crore and net profit of ₹81.48 crore.

What the solar EPC order means for Waaree Renewable Technologies' shareholders

The order adds a 285 MWp solar EPC project to the company's contracts, with completion due in the financial year 2027-28.

Not stated: the contract value in rupees, the margin on the work, the payment terms, the location of the project and the name of the awarding IPP. The next dated step in the filing is completion during the financial year 2027-28.