Waaree Renewable wins INR 232 crore EPC contract for 170 MW PV project

An LOA of INR 232.30 crore has been awarded to Waaree Renewable Technologies for a 170 MW AC solar project with full EPC and long-term O&M responsibilities.

By Karthik Srivasthav G 30 Mar 2025 in Project Bytes Business Bytes

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The solar project has been expected to cut 225,000 metric tons of CO₂ yearly, equal to removing 50,000 fossil-fuel vehicles. Image Credit/Source: Pixabay/Pexels

India-based Waaree Renewable Technologies Ltd (WRTL), a solar EPC and O&M provider, has recently secured a Letter of Award for a ground-mounted PV project. The asset will have a capacity of 170 MW AC/255 MW DC and is valued at INR 232.30 crore (~USD 27.9 million). The scope includes EPC, and long-term Operation and Maintenance and will be executed on a turnkey basis. According to WRTL, the solar installation is expected to reduce approximately 225,000 metric tons of carbon emissions annually. It will also contribute to India’s energy security. WRTL said that the initiative aligns with the Indian government’s goal of achieving 500 GW of renewable energy capacity by 2030.

#India #SolarEPC #LoA #WRTL

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