Waaree Renewable Technologies Wins ₹26.17 Crore Solar Project Contract
India’s solar sector reaches new heights as Waaree Renewable Technologies secures a major 21 MW AC solar project under the MSKVY 2.0 program. This landmark contract highlights the company’s leadership in driving India’s renewable energy transition.
Project Overview and Strategic Importance
The newly awarded 21 MW AC project will power agricultural operations, demonstrating the growing agri-solar momentum across India. Valued at ₹26.17 crore, this development supports the nation’s dual goals of sustainable farming and clean energy expansion.
Key Project Benefits:
- Reduces fossil fuel dependency in agriculture
- Creates clean energy jobs in rural communities
- Advances India’s renewable energy targets
Waaree’s Growing Solar EPC Expertise
This contract win follows Waaree’s 155% EPC revenue growth in Q1 FY26, showcasing their expanding capabilities. The company continues to set benchmarks in solar project execution and quality.
The Future of Solar in India
With ambitious programs like MSKVY 2.0 and growing government support, India’s solar industry shows no signs of slowing down. Waaree’s latest project represents another step toward the nation’s 500 GW renewable energy target by 2030.
The contract underscores India’s progress in solar manufacturing and deployment, positioning the country as a clean energy leader. As technology advances and costs decline, such projects will become increasingly crucial for sustainable development.
