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Waaree Renewables lands ₹1,252 crore contract for a massive solar project, boosting shares.
Waaree Renewables has been awarded a ₹1,252 crore contract to build a large solar power project, including a 870 MWac/1,218 MWp solar plant, a substation, and transmission lines.
The company, which saw a 156% increase in revenue and a 184% jump in EBITDA in the latest quarter, expects the project to be completed by 2027.
Shares of Waaree Renewable rose after the announcement.
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Waaree Renewables obtiene un contrato de ₹ 1,252 crore para un proyecto solar masivo, impulsando las acciones.