Waaree Renewable Technologies Ltd
Waaree Renewable Technologies: EPC contracts revised, aggregate capacity 1,109 MWp
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 23 Oct 2026, 04:08 PM IST · BSE ID: 1c073913-261c-4445-9765-568fb0c7c0bf
View Original BSE Filing (PDF)
💡
In Simple Terms
The company updated its solar plant construction contracts, increasing the total project size by 79 MWp.
🤖 AI Summary
- Waaree Renewable Technologies revises solar PV plant EPC contract scope, increasing aggregate capacity.
- Aggregate capacity under revised LoAs now stands at 800 MWac / 1,109 MWp.
- One LoA revised from 400 MWac / 530 MWp to 400 MWac / 557 MWp.
- Another LoA revised to 400 MWac / 552 MWp, with unchanged terms.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Aggregate Capacity MWac
800 MWac
Aggregate Capacity MWp
1,109 MWp
Revised Capacity (LoA 1) MWac
400 MWac
Revised Capacity (LoA 1) MWp
557 MWp
Previous Capacity (LoA 1) MWp
530 MWp
Revised Capacity (LoA 2) MWac
400 MWac
Revised Capacity (LoA 2) MWp
552 MWp
🏢 How This Affects the Company
This revision to existing EPC contracts expands the total contracted capacity, potentially increasing future revenue streams for the company. The aggregate capacity now stands at 1,109 MWp.
Increased project scope may lead to higher contract values. Specific financial implications will be realized upon project execution and revenue recognition.
The company will manage an increased EPC scope, requiring adjustments to resource allocation and project timelines for the revised capacities.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders. The company is providing an update on existing contracts.
👤
Who Is Affected
All shareholders are informed of the company's increased project scope, which pertains to existing Letters of Award.
🔍
Management Signal
This update signals management's active management of project scopes and commitment to expanding its EPC business pipeline.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of order execution timelines for the revised capacities.
Financial results disclosing revenue recognition from these enhanced EPC contracts.
Future order wins that build upon the current project pipeline.
LOW RISK
This is an update to existing LoAs, not a new contract win or significant deviation.
💡 Investor Takeaway
Waaree Renewable Technologies' aggregate EPC capacity under revised LoAs increased to 800 MWac / 1,109 MWp, reflecting an expanded project pipeline with a leading renewable energy firm.
⚖️ Strengths & Concerns
✅ Positives
- Aggregate EPC contract capacity revised upwards to 800 MWac / 1,109 MWp, indicating an expanded project pipeline.
- Contracts are with a leading renewable energy company, suggesting established client relationships and project scale.
📅 Company Track Record
Previously, Waaree Renewable Technologies secured a 300MW/450MWp solar EPC project from its subsidiary in June 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the aggregate solar PV plant EPC capacity for Waaree Renewable Technologies after contract revisions?
The aggregate capacity under the revised Letters of Award stands at 800 MWac / 1,109 MWp.
What was the capacity revision in one of the solar PV plant EPC contracts?
The capacity for one EPC contract was revised from 400 MWac / 530 MWp to 400 MWac / 557 MWp.
What is the other revised capacity for Waaree Renewable Technologies' solar PV plant EPC contracts?
The scope of work under another LoA was revised to an EPC works for a Solar PV plant of 400 MWac / 552 MWp.
Who awarded the Letter of Award (LOA) for the solar PV plant EPC contracts?
The contracts were awarded by one of India’s leading Renewable Energy companies.
Questions based on this BSE filing only. For information purposes.