Waaree Energies Ltd subsidiary wins SECI contract for 700 MW solar & ESS project
Waaree Energies · Electrical Equipment
Key highlights
- Waaree Forever Energies Pvt Ltd received Letter of Award on August 27, 2026 from Solar Energy Corporation of India Limited
- Contract is for developing 700 MW Solar and 700 MW/2800 MWh Energy Storage Solution project in Solapur, Maharashtra
- Power Purchase Agreement valid for 25 years from scheduled supply commencement; contract is one-time and domestic with no related party involvement
Why it's rated notable: The filing states capacity (700 MW solar and 700 MW/2800 MWh storage) but no contract value, so the level cannot be sized against annual revenue and stays at medium.
Original filing
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Waaree Energies
- Capex / expansionNotableWaaree Energies Ltd subsidiary starts commercial production of 1.6 GW solar lines in USA
- Capex / expansionNotable· Adverse for the businessWaaree Energies reports strong H1 FY27 financial results and expansion plans
- Capex / expansionNotableWaaree Energies' subsidiary begins commercial production of new solar inverter line
- Order winNotableWaaree Energies Ltd receives order for 2 GW solar modules supply
- Dividend / buyback / bonusMajor development· Adverse for the businessWaaree Energies approves Chikhli plant relocation, Arizona capex and director appointment
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Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.