Waaree Renewable Technologies Bags 350MW/1400 MWh BESS Order
Waaree Renewable Technologies Ltd. has received a contract for EPC of a 350MW/1400MWh BESS project from Waaree Forever Energies Private Limited. The project includes two years of operation and maintenance services. Scheduled for completion in FY27, the order was awarded by a domestic entity, a subsidiary of the holding company.
The new order is substantial and expected to have a positive impact on the company's revenue and future prospects.
The announcement of a significant new order is generally viewed positively.
Waaree Renewable Technologies Limited has secured a turnkey contract for Engineering, Procurement, and Construction (EPC) of a 350MW/1400MWh Battery Energy Storage System (BESS) project. This contract includes two years of operation and maintenance services. The order was awarded by Waaree Forever Energies Private Limited (WFEPL), a domestic entity and a subsidiary company of the holding company. The project is scheduled to be completed during the financial year 2026-27, as per the terms of the order. The aggregate order size is 350MW/ 1400MWh. This information was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Waaree Renewable Technologies Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Waaree Renewable Technologies Limited. Read the original for the full detail.