Waaree Renewable Technologies Ltd Share Price – NSE  / BSE

Power Infrastructure, Small Cap

Waaree Renewable Techs. will hold a meeting of the Board of Directors of the Company on 14 January 2026.

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The company revised the capacity and contract value due to evacuation considerations and optimization of DC overloading.

Following the revision, the contract value has been reduced to Rs 1,039.60 crore from Rs 1,252.43 crore (excluding taxes) while project capacity has been scaled down to 704MWac/1,000 MWp from 870MWac/1,218MWp. All other terms of order remain unchanged.

The project is scheduled to be completed in the financial year 2026- 27, as per the terms of the order.

Waaree Renewable Technologies, based in Mumbai, is a subsidiary of the Waaree Group and leads the group?s Solar EPC operations. In addition to engineering, procurement, and construction, the company develops, finances, builds, owns, and operates solar power projects as part of its long-term investment approach.

The company?s consolidated net profit surged 117.2% to Rs 116.30 crore on 47.7% jump in net sales to Rs 774.78 crore in Q2 FY26 over Q2 FY25.

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Waaree Renewable Technologies has been awarded Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works of Ground Mount Solar Power Project of 28.60 MWac/ 39.80MWp on a turnkey basis. The value of the project is Rs 96.51 crore.

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Under the contract, the company will execute a 28.60 MWac / 39.80 MWp solar project on a turnkey basis. The project is scheduled to be completed during FY27, in line with the terms of the order.

The order has been awarded by a domestic entity and does not involve any related-party transaction. Additionally, the promoters and promoter group companies of Waaree Renewable Technologies do not have any interest in the awarding entity.

This order further strengthens Waaree Renewable Technologies? presence in the renewable energy EPC segment and underscores its growing execution capabilities in large-scale solar projects.

Waaree Renewable Technologies, based in Mumbai, is a subsidiary of the Waaree Group and leads the group?s Solar EPC operations. In addition to engineering, procurement, and construction, the company develops, finances, builds, owns, and operates solar power projects as part of its long-term investment approach.

The company?s consolidated net profit surged 117.2% to Rs 116.30 crore on 47.7% jump in net sales to Rs 774.78 crore in Q2 FY26 over Q2 FY25.

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