Waaree Renewable Technologies Ltd receives order for 300 MW solar power project

Waaree Renewable Technologies Limited (WAAREERTL) has received a Letter of Intent (LOI) from North Eastern Electric Power Corporation Limited. ( NEEPCO) for the execution of Engineering, Procurement and Construction (EPC) work with Land development of ISTS connected Ground Mounted Solar PV project of 300 MW AC capacity on turnkey basis along with three years Operation & Maintenance Service.

The project is scheduled to be completed in the financial year 2025-26, in various tranches as per the terms of the order.

Shares of Waaree Renewable Technologies Ltd was last trading in BSE at Rs. 5557.40 as compared to the previous close of Rs. 5292.80. The total number of shares traded during the day was 67416 in over 7486 trades.

The stock hit an intraday high of Rs. 5557.40 and intraday low of 5070.00. The net turnover during the day was Rs. 365608682.00.

Source : Equity Bulls

Keywords

WaareeRenewableTechnologies INE299N01013 LoI OrderWin NEEPCO 300MW