India's Waaree Secures 300 MW Solar EPC Contract for FY2026-27

en.Wedoany.com Reported - Waaree Renewable Technologies Ltd. announced that it has secured a ground-mounted solar engineering, procurement, and construction (EPC) contract with a total capacity of 300 MW (450 MWp) through its wholly-owned subsidiary Sunsational Power Pvt. Ltd. This contract is one of the major projects signed early by the group's independent power producer (IPP) platform, aimed at supporting India's renewable energy development and strengthening the company's market position in the utility-scale solar EPC sector.

Under the contract, Waaree Renewable will be responsible for the complete engineering, procurement, and construction of the solar project, and will provide two years of operation and maintenance (O&M) services after the project is commissioned to ensure reliable operation and operational efficiency of the power plant. The project is expected to be completed in the fiscal year 2026-27, supporting India's renewable energy capacity expansion and clean energy transition goals.

This project represents a significant milestone for the Waaree Group in the development of its independent power producer business. By leveraging its own EPC expertise and execution experience, Waaree Renewable will play a core role in building the group's power generation portfolio, while achieving strategic integration between the EPC business and power generation operations, creating long-term value across the entire renewable energy value chain.

This solar EPC project aligns with India's growing demand for utility-scale solar power generation. Against the backdrop of accelerating clean energy investments, projects of this scale are critical for expanding sustainable power generation capacity and reducing carbon emissions. According to pv-magazine-india.com, leveraging its EPC expertise, comprehensive renewable energy capabilities, and expanding IPP platform, Waaree Renewable Technologies is well-positioned to play a role in the transformation of India's energy landscape and strengthen its influence in the renewable electricity value chain.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com