- These projects are expected to be completed by December 31, 2024, marking the end of this year
- Waaree’s unexecuted order book now stands at an impressive 1.161 gigawatts (GW)
Waaree has secured a significant EPC work order for a solar power plant, totaling Rs. 547.5 crore in value.
Additionally, they have been granted a two-year Operations and Maintenance (O&M) contract as part of the Letter of Award (LOA), amounting to Rs. 6.798 crore. With these recent developments, Waaree’s unexecuted order book now stands at an impressive 1.161 gigawatts (GW).
It’s important to note that the precise location of the solar power project and the identity of the client have not been disclosed by Waaree at this time. However, according to the terms outlined in the LOA, these projects are expected to be completed by December 31, 2024, marking the end of this year.
Furthermore, in December, Waaree announced its successful acquisition of a 4.27 MW capacity solar project order from a leading integrated glass and window solution company. These solar projects are slated for completion in various stages throughout 2024-25, in accordance with the order’s stipulations.
Waaree Energies Limited founded in 1989, with headquarters in Mumbai, India. Waaree has India’s largest aggregate installed capacity of 12GW as of June 30, 2023 at its plants in Chikhli, Surat, Tumb and Nandigram in Gujarat.
