NSEBagging/Receiving of orders/contracts28 Aug 2026 · 28 Aug 2026, 01:24 pm

Bagging/Receiving of orders/contracts

Waaree Renewable Technologies Limited · WAAREERTL

✦ AI Summary▲ PositiveOrder Win

Waaree Renewable Technologies Limited has received a Letter of Award (LOA) for a 291 MWp Solar PV project and 280 MWh Battery Energy Storage System (BESS) from One of India's Thermal Power Generating Company. The project is scheduled to be completed during the financial year 2027-28.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10

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Full Announcement

Waaree Renewable Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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WAAREERTL_28082026132427_LOA.pdf

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Execution with Pace & Comfort August 28, 2026 To, To, The Manager The Manager BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra – Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL Ref.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sub.: Intimation of receipt of Letter(s) of Award for Solar PV project 291 MWp Dear Sir / Ma’am, With reference to the captioned subject and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Waaree Renewable Technologies Limited (“the Company”) has received Letter of Award (LOA) for execution of Engineering, Procurement and Construction (EPC) works for ground-mounted Solar PV project of 291 MWp and 280 MWh Battery Energy Storage System (BESS). The details are required under Regulation 30 of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as “Annexure A”. The Company received intimation / the Letter(s) of Award on August 28, 2026, at 12:21 pm (IST). We request you to take the above on record and acknowledge receipt of the same. Thanking you, Yours faithfully, For Waaree Renewable Technologies Limited Heema Shah Company Secretary ACS 52919 Email Id: info@waareertl.com Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : info@waareertl.com GST: 27AADCS 1824J2ZB W : www.waareertl.com Execution with Pace & Comfort Annexure A Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details 1 Name of the entity awarding the order(s) One of India’s Thermal Power Generating / contract(s) / Letter of Award (LOA) Company. 2 Significant terms and conditions of The Company has received Letter of order(s) / contract(s) / Letter of Award Award for EPC of ground-mounted (LOA) awarded in brief Solar PV project of 291 MWp and 280 MWh BESS. 3 Whether order(s) / contract(s) have been Domestic Entity awarded by domestic / international entity 4 Nature of order(s) / contract(s) Commercial Order 5 Whether domestic or international Domestic 6 Time period by which the order(s) / The project is scheduled to be completed contract(s) is to be executed during the financial year 2027-28, as per the terms of the order 7 Broad consideration or size of the The Order Size is EPC work for 291 MWp order(s) / contract(s) Solar PV and 280 MWh BESS 8 Whether the promoter / promoter group No / group companies have any interest in the entity that awarded the order(s) / contract(s)? If yes, nature of interest and details thereof 9 Whether the order(s) / contract(s) would No fall within related party transactions? If yes, whether the same is done at "arm’s length" Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : info@waareertl.com GST: 27AADCS 1824J2ZB W : www.waareertl.com