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flag Waaree Renewables lands ₹1,252 crore contract for a massive solar project, boosting shares.

flag 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. flag 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. flag Shares of Waaree Renewable rose after the announcement.

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