The contract provides for a one-time supply of the full 500-MW capacity. Deliveries are reported as being scheduled to take place during the 2026–27 financial year, aligning with the customer’s project execution timeline.
The order now strengthens Waaree’s current position in India’s expanding utility-scale solar market, where independent power producers continue to advance large renewable energy projects to meet rising demand and policy targets across the country, and while the identity of the developer has not yet been disclosed, the transaction reflects the ongoing procurement activity among domestic IPPs seeking to lock in module supplies ahead of future installation phases.
© 2026 bne IntelliNews, source
