**Waaree Renewable Technologies Secures ₹346 Crore Solar Project Order**

Mumbai, June 3, 2025 — Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Ltd., has received a significant Letter of Award (LOA) for a 300 MW AC / 435 MW DC solar power project. The order, valued at approximately ₹346.33 crore (excluding taxes), has been awarded by a domestic renewable energy generation company, marking another major win for WRTL in the EPC (Engineering, Procurement, and Construction) space. The project, which involves the development of a ground-mounted solar facility, is expected to be completed within FY 2025–26. This order reinforces WRTL’s growing dominance in India’s renewable infrastructure sector, where the push for clean energy solutions continues to attract substantial investments. Importantly, this is a commercial, non-related party transaction with no promoter group involvement, underscoring the company’s independent operational capabilities and competitive positioning. This order not only boosts WRTL’s order book but also signals increasing demand for solar EPC services amid India’s aggressive clean energy goals. As the nation moves toward energy transition, companies like WRTL are well-positioned to benefit from policy tailwinds and market momentum.