Waaree Energies Receives Order For 800 MW Solar Module Supply; Shares Rise

Mumbai, June 15: Waaree Energies has received an order for the supply of 800 MW solar modules from a domestic customer described as a leading energy solutions provider.

The company disclosed the development in a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

According to the filing, the order pertains to the supply of solar photovoltaic modules and is scheduled for execution during the financial year 2026-27.

Waaree Energies stated that the contract has been awarded by a domestic entity and is classified as a one-time order.

The company did not disclose the financial value of the contract. However, it confirmed that neither the promoter nor promoter group entities have any interest in the awarding customer and that the transaction does not fall within related-party dealings.

The filing added that the order involves supply of 800 MW solar modules as part of the customer’s energy infrastructure requirements.

Stock Market Snapshot

Waaree Energies share price closed in positive territory following the announcement of the solar module supply order.

The stock settled at ₹3,053.20, up 0.72%, as of 15:09 IST on June 15, 2026.

Waaree Energies share price traded in a narrow range through the session before ending modestly higher as investors reacted to continued order inflows in the renewable energy segment.

The stock has remained in focus amid sustained policy support for domestic solar manufacturing, rising utility-scale renewable installations and expanding module procurement activity across India.

Order Reinforces Renewable Energy Execution Pipeline

The latest order further strengthens Waaree Energies’ order pipeline in utility-scale solar module supplies.

India’s solar manufacturing ecosystem has witnessed significant capacity expansion over the past few years, supported by production-linked incentives, import substitution measures and growing renewable energy demand.

Large module supply contracts remain a key business driver for domestic manufacturers as developers continue commissioning grid-scale renewable projects.

Industry participants are also closely monitoring module pricing trends, execution schedules and export opportunities amid evolving global clean-energy supply chains.

Company Background

Waaree Energies Ltd is engaged in manufacturing solar photovoltaic modules and providing renewable energy solutions.

The company operates across solar module manufacturing, EPC services, project development and energy storage-related solutions.

Waaree has a significant presence in India’s solar manufacturing sector with utility-scale, commercial and distributed energy project exposure.

Conclusion

The 800 MW solar module order adds to Waaree Energies’ growing renewable energy order book and underscores continued demand visibility in India’s solar infrastructure sector.

Although the company did not disclose the order value, the scale of the module supply agreement reflects sustained procurement momentum in utility-scale renewable energy deployment. 

Source:

• https://www.nseindia.com/get-quote/equity/WAAREEENER/Waaree-Energies-Limited
• https://nsearchives.nseindia.com/corporate/WAAREE_15062026130728_ReceiptofOrder_signed.pdf