Waaree Renewable revises solar project, order value ₹1,039 CrWaaree Renewable revises solar project, order value ₹1,039 Cr

Introduction

Leading renewable energy company secures revised 704 MWac / 1,000 MWp project order from WFEPL, with reduced value of ₹1,039.60 crore and scheduled completion in 2026-27.

Also Read: Granules India shares jump as USFDA grants tentative approval with 180-day exclusivity for ADHD drug

Share price movement of Waaree Renewable

On January 9, 2026, Waaree Renewable Technologies Limited opened at ₹923.10, down 0.57% from its previous close of ₹928.50. The stock reached a high of ₹927.00 (0.16%) and a low of ₹890.20 (−4.14%). By 12:08 PM, it traded at ₹900.20, a 3.05% decrease, with a market cap of ₹9,393.21 crore.

Waaree Renewable Revises 704 MW Order

Waaree Renewable Technologies Limited has received a Letter of Award from Waaree Forever Energies Private Limited (WFEPL) for a revised project capacity of 704 MWac / 1,000 MWp.

The revised order value is ₹1,039.60 crore, reduced from ₹1,252.43 crore, reflecting a decrease of ₹212.83 crore due to evacuation considerations and DC overloading optimization.

The project is domestic, with completion scheduled in financial year 2026-27. WFEPL is a subsidiary of the holding company, and all other terms, scope, and pricing remain unchanged.

Stock performance of Waaree Renewable for Period of 1 week, 6 months, and 1 year

Waaree Renewable Technologies Limited delivered a -4.95% return over the past week, declined 5.73% in the past six months, and fell 25.8% over the past year.

Also Read: Samvardhana Motherson completes EV electronics JV with South Korea’s Egtronics, here’s why it matters

Shareholding pattern of Waaree Renewable

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	74.40%	74.40%	74.40%
FII	1.40%	1.30%	1.10%
DII	0.10%	0.10%	0.20%
Public	24.10%	24.20%	24.30%

About Waaree Renewable

Waaree Renewable Technologies Limited (NSE: WAAREERTL) generates power through renewable energy, provides consultancy services, and operates India’s largest 12GW solar panel manufacturing capacity in Gujarat.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs