Solar PV EPC scope revised; aggregate capacity under two LoAs now 800 MWac / 1,109 MWp
Waaree Renewable Technologies has given an update on two existing Solar PV EPC orders.
By ScoutQuest · · 2 min read
- Aggregate LoA Capacity
- 800 MWac / 1,109 MWp
- Second LoA Capacity Revision
- from 400 MWac / 530 MWp to 400 MWac / 557 MWp
- Completion Schedule
- FY 2027-28
An update to two existing orders
The company has disclosed a revision to the scope and capacity of two existing Letters of Award (LoAs) for Engineering, Procurement and Construction (EPC) works of ground-mounted Solar PV plants. This is an update to an earlier disclosure dated July 26, 2026, and the company received the revised scope/capacity intimation on October 23, 2026 at 03:57 p.m. (IST).
What exactly changed
- First LoA: for EPC works of a 400 MWac / 552 MWp Solar PV plant, the scope of work has been further revised. The other terms and conditions of this LoA remain unchanged.
- Second LoA: the capacity and scope of work have been revised from 400 MWac / 530 MWp to 400 MWac / 557 MWp.
- Together, the aggregate capacity under the two LoAs now stands at 800 MWac / 1,109 MWp (400 MWac / 552 MWp + 400 MWac / 557 MWp).
Order details as disclosed
- The awarding entity is described as one of India's leading Renewable Energy companies, and is a domestic entity.
- The nature of the orders is stated as commercial order, and both are domestic.
- The project is scheduled to be completed during the financial year 2027-28, as per the terms of the order.
- The promoter / promoter group / group companies are stated to have no interest in the entity that awarded the orders.
- The orders are stated not to fall within related party transactions.
How to read this
The disclosure revises the scope and capacity figures under two contracts that were already in place. The AC figure for each LoA stays at 400 MWac, while the DC capacity of the second LoA moves to 557 MWp and the first LoA's scope is described only as further revised. The headline aggregate capacity the company now reports under these two LoAs is 800 MWac / 1,109 MWp. The other terms and conditions of the LoAs are stated to be unchanged.
Also from Waaree Renewable Technologies
Audio recording of Q2 FY27 earnings call held on 21 October 2026 made available on company website
21 Oct 2026
Waaree Renewable Technologies management discussed order book, execution timelines and order pipeline in an interview
21 Oct 2026
Revised press release: Q2 FY27 revenue Rs. 1,057.84 crores, up 36.53% YoY; PAT Rs. 81.48 crores, down 29.98%
19 Oct 2026
More numbers
- AC capacity under each of the two LoAs400 MWac
- DC capacity of first LoA552 MWp
- Revised DC capacity of second LoA557 MWp
- Earlier DC capacity of second LoA530 MWp
- Aggregate AC capacity under both LoAs800 MWac
- Aggregate DC capacity under both LoAs1,109 MWp
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