Waaree Renewable Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts

WAAREERTL · price

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Price reaction · full curve 14 horizons · vs prior close

+0.6%1-day move

₹936.00

prior close

₹948.00

base price

After-mkt

timing

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AI summary

Waaree Renewable Technologies Limited has signed a turnkey EPC contract for a 350MW/1400MWh grid-connected Battery Energy Storage System (BESS) with Waaree Forever Energies Private Limited. The order includes two years of operation and maintenance services. The project is scheduled for completion during financial year 2026-27. Notably, this order is from a related party as WFEPL is a subsidiary of the holding company. The company filed this disclosure under Regulation 30 of SEBI LODR Regulations on May 18, 2026.

Likely market impact

The order represents a meaningful addition to the company's pipeline, providing revenue visibility for FY 2026-27. However, since it is a related party transaction, investors should monitor whether it is conducted at arm's length pricing.