Waaree Renewable Shares Jump 1.85% As It Secures ₹1,252 Crore Solar EPC Order

Mumbai, September 9, 2025: Waaree Renewable Technologies Limited’s share price is witnessing strong investor demand today, September 9, 2025. As of 1:15 PM, the shares were up by 1.85%, or 58.90 points and were trading at ₹3,236.40. Until now, the shares have traded within a range of ₹3,262.00 and ₹3,151.20. The current traded volume stands at 10.10 lakh shares, with the market cap reaching ₹10,820.79 crore. The shares have a 52-week high of ₹1,272 (July 17, 2025) and a 52-week low of ₹841.15 (April 9, 2025).

Waaree Renewable Technologies Limited is an Indian company that specialises in renewable energy, offering engineering, procurement, and construction (EPC) services for solar power projects. The company was originally established in 1999 as Sangam Advisors Private Limited and later changed its name to Waaree Renewable Technologies Limited in July 2021. Its headquarters are in Mumbai, Maharashtra, India. It is listed on NSE with the ticker symbol WAAREERTL and on BSE with the code 534618.

EPC Project of 870 MWac / 1,218 MWp

The order has been awarded by Waaree Forever Energies Pvt Ltd (WFEPL), a subsidiary of Waaree Energies Ltd. The scope of the project includes Engineering, Procurement and Construction (EPC) of an 870 MWac / 1,218 MWp grid-connected ground mount solar project, alongside construction of a 33kV/400kV substation and transmission line.

Additionally, Waaree Renewable will provide two years of operation and maintenance (O&M) services once the project is operational. The project is expected to be completed in FY 2026-27, subject to statutory approvals.

The project is expected to boost the company’s order book and, if executed well, can provide better revenue visibility. Right now, investor sentiments are high, and the shares are expected to close in the green.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/97744a73-e817-4695-8f05-0b1f4eedc09a.pdf

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