Waaree Renewable Technologies Ltd. bagged a significant 300 MW/450 MWp ground-mounted solar Engineering, Procurement and Construction (EPC) contract from its wholly owned subsidiary, Sunsational Power Pvt. Ltd. The project represents one of the first major contract awards within the group’s expanding Independent Power Producer (IPP) platform and underscores its commitment to accelerating renewable energy development in India. The contract strengthens Waaree Renewable’s position in the utility-scale solar EPC market while supporting the group’s long-term clean energy growth strategy.
Comprehensive EPC and O&M Responsibilities
Waaree Renewable will undertake the complete engineering, procurement, and construction of the solar power project. In addition, the company will provide two years of operation and maintenance (O&M) services after the project’s commissioning, ensuring reliable plant performance and operational efficiency. The solar project is expected to be completed during FY 2026-27, contributing to the expansion of India’s renewable energy capacity and supporting the country’s clean energy transition goals.
Supporting Growth of the Group’s IPP Platform
The project marks an important milestone in the development of Waaree Group’s independent power producer business. By leveraging its EPC expertise and execution capabilities, Waaree Renewable will play a key role in building renewable energy assets within the group’s expanding power generation portfolio. The contract also highlights the strategic integration between the company’s EPC operations and its emerging power generation business, creating opportunities for long-term value creation across the renewable energy value chain.
Strengthening India’s Clean Energy Transition
The solar EPC project aligns with India’s ambitious renewable energy targets and growing demand for utility-scale solar power generation. As investments in clean energy continue to accelerate, projects of this scale play a crucial role in expanding sustainable power capacity and reducing carbon emissions. As reported by pv-magazine-india.com, with its strong EPC expertise, integrated renewable energy capabilities, and growing IPP platform, Waaree Renewable Technologies is well-positioned to contribute to the country’s evolving energy landscape while strengthening its presence across the renewable power value chain.
