Waaree Energies Secures Major Order for 739.71 MW Solar Modules
Waaree Energies Limited has secured a significant order to supply solar modules, marking a substantial win for the company in the renewable energy sector. The contract was awarded by a renowned customer identified as a leading renewable energy solutions provider.The order pertains to the supply of 739.71 MW of solar modules and is categorized as a one-time transaction. This contract is scheduled to span multiple financial years, providing a stable revenue stream for Waaree Energies Limited.
Key details regarding this contract are as follows:
| Particulars | Details |
|---|---|
| Customer Type | Renowned customer who is a leading renewable energy solutions provider (Domestic Entity) |
| Product Supplied | Solar Modules |
| Order Nature | One time order |
| Supply Capacity | 739.71 MW Solar modules |
| Timeline | The supply of the solar modules is scheduled across FY 2026-27 and FY 2027-28 |
The contract details confirm that the entity awarding the order is a domestic company. Furthermore, there are no conflicts of interest reported regarding the promoter or promoter group, as the transaction does not fall under related party transactions.
WAAREEENER Stock Price Movement
On Friday, Waaree Energies Limited's stock edged higher to settle at ₹2680.2 after gaining 1.97% in the trading session. The shares traded within a range of ₹2625.5 to ₹2701.9, with total volume recording 1.31 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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