Solar project orders revised to 800 MWac and 1,109 MWp
WAAREERTL · price
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Waaree Renewable Technologies updated two existing domestic orders for engineering, procurement and construction of a ground-mounted solar project. One order covers 400 MWac/552 MWp, with its scope further revised and other terms unchanged. The second was increased from 400 MWac/530 MWp to 400 MWac/557 MWp. Together, the orders cover 800 MWac/1,109 MWp and are scheduled for completion in financial year 2027-28. No contract value was disclosed.
The update may improve visibility on future project revenue, but no order value or margins were provided, so the effect on the share price cannot be assessed.