Waaree Renewable Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts
WAAREERTL · price
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Waaree Renewable Technologies Limited has received an enhancement in an existing solar EPC contract, with capacity increasing from 30 MWp to 35 MWp for a ground-mounted solar power project that includes operation and maintenance. The order value has been revised upward from Rs. 90.29 crore to Rs. 102.93 crore, an increase of Rs. 12.64 crore (exclusive of taxes). The client is a domestic entity described as one of the largest manufacturers of pig iron, castings, and seamless tubes. The project is scheduled for completion during FY 2026-27, and all other terms and conditions of the original contract remain unchanged.
This is a positive development, indicating the client is expanding the scope of an ongoing project with the company, which adds incremental revenue of about Rs. 12.64 crore and strengthens the order book visibility through FY 2026-27. Shareholders may view this as a sign of execution capability and client confidence.