Waaree energies Ltd has secured a substantial order to supply 105 MW solar modules to a well-known domestic client, with the project scheduled for completion in FY 2025-26. This development adds to the company's expanding order book in the renewable energy sector.

Order Details

The solar module supply contract represents a significant business win for Waaree Energies in the domestic market. The order specifications are outlined below:

Market Position

This order reinforces Waaree Energies' strong position in India's solar module manufacturing landscape. The company continues to secure orders from domestic clients, demonstrating the growing demand for locally manufactured solar solutions. The 105 MW capacity represents a substantial addition to the company's order book.

Project Timeline

The completion timeline of FY 2025-26 provides Waaree Energies with adequate time for manufacturing and delivery of the solar modules. This timeframe aligns with the company's production capabilities and allows for systematic execution of the project while maintaining quality standards.

The order win highlights the continued growth trajectory of India's renewable energy sector and Waaree Energies' ability to capitalize on domestic market opportunities. The company's focus on serving well-established domestic clients strengthens its market presence in the solar module supply chain.

Waaree energies Limited has secured a substantial order for supply of 105 MW solar modules from a prominent domestic renewable energy company. The order was received on January 08, 2026, marking another significant business development for the solar module manufacturer.

Order Details and Specifications

The contract involves supply of solar modules to a renowned customer engaged in the business of owning, developing and operating renewable power projects across India. The delivery timeline has been set for Financial Year 2025-26, ensuring timely execution of the supply commitment.

Contract Structure and Commercial Terms

The agreement represents a one-time contract with a domestic entity, focusing specifically on solar module supply. The customer is described as a renowned player in India's renewable energy sector, with established operations in developing and operating renewable power projects.

Key aspects of the contract include:

• Supply of 105 MW capacity solar modules
• Delivery scheduled within Financial Year 2025-26
• Contract with domestic renewable energy developer
• One-time supply arrangement

Regulatory Compliance and Transparency

Waaree Energies has confirmed full compliance with regulatory disclosure requirements under Regulation 30 of SEBI Listing Regulations. The company has clarified that this contract does not fall under related party transactions, with no interest from promoter groups or group companies in the customer entity.

The transaction maintains arm's length commercial terms, ensuring transparent business practices. The company has made the information available on its official website as part of standard disclosure protocols.

Market Positioning and Business Impact

This order reinforces Waaree Energies' position in India's solar module supply chain, particularly in serving domestic renewable energy developers. The 105 MW capacity represents substantial business volume, contributing to the company's order book for the current financial year.

The contract with an established renewable power project developer demonstrates continued demand for solar modules in India's expanding renewable energy sector. The one-time nature of the contract provides immediate business impact while maintaining flexibility for future engagements.