Receives LOA for 450 MWp solar EPC project, completion scheduled in FY2027-28
Waaree Renewable Technologies has received a Letter of Award (LOA) for execution of EPC works for a solar power project of 450 MWp.
By ScoutQuest · · 2 min read
- Order Size
- 450 MWp
- Scope of Work
- EPC works for a solar power project
- Completion Schedule
- financial year 2027-28
What was announced
- Waaree Renewable Technologies, a subsidiary of Waaree Energies, has received a Letter of Award (LOA) for execution of Engineering, Procurement and Construction (EPC) works for a solar power project of 450 MWp.
- The intimation of the Letter of Award was received on October 27, 2026 at 12:36 pm (IST).
- The awarder is described as a leading Independent Power Producer (IPP) company, and the order has been placed by a domestic entity.
Order details at a glance
- Nature of order: Commercial Order.
- Domestic or international: Domestic.
- Order size: 450 MWp.
- Execution timeline: the project is scheduled to be completed during the financial year 2027-28, as per the terms of the order.
- Interest of promoter / promoter group / group companies in the awarding entity: No.
- Whether the order falls within related party transactions: No.
What this means
The update is an intimation that the company has received an EPC order for a solar power project. EPC work covers engineering, procurement and construction — in simple terms, the company is to build the project for the customer. The size of the order is expressed in capacity terms, 450 MWp, which is the measure of the solar project to be built. Because the project is scheduled to be completed during FY2027-28, the work is spread over a period rather than completed at one point in time. The update also records that the awarding entity is not a related party and that the promoters have no interest in it, which places the order at arm's length in ownership terms.
Points to track
- Progress of the project against the stated FY2027-28 completion schedule.
- How the company reports this order in its subsequent disclosures and results.
Also from Waaree Renewable Technologies
Receives Letter of Award for EPC Works of 200 MW / 500MWh Battery Energy Storage Project
30 Oct 2026
Completed transfer of 100% shareholding in Waaree Green Data Centers to the holding company
30 Oct 2026
Q2 FY2027 call transcript: revenue up 36.53%, unexecuted order book above INR5,500 crore
28 Oct 2026
More numbers
- Order size / solar project capacity450 MWp
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