Waaree Renewable Technologies on Tuesday, February 20, announced that it has bagged an order worth ₹990.60 crore for a 980 MWp solar project. The new order came from one of the leading renewable energy companies in India, Waaree Renewable Technologies Ltd (Waaree RTL) said in a stock exchange filing.
The order is "for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant of 980 MWp /700 MWac on turnkey basis," the company said.
Waaree RTL is expected to complete the commercial order within 12 months as per the LOA. The company's unexecuted order book now stands at 2.141 GW.
The shares of the company ended 5% or 220 points higher at 4,650.15. The stock remained in the 5% for the fourth day in a row.
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