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“This is to inform you that Waaree Forever Energies Private Limited a wholly owned subsidiary of the Company has today received a Letter of Award (LoA) for the development of a 170 MW Solar power plant in Madhya Pradesh, from Rewa Ultra Mega Solar Limited (RUMSL),” Waaree Energies said in a regulatory filing.
Also Read: Waaree Energies bags contract to supply solar modules up to 1 GW
The plant will be integrated into the Inter-State Transmission System (ISTS), enabling the generation and transmission of clean energy. The renewable energy produced will be supplied to Madhya Pradesh Power Management Company Ltd and Indian Railways.
“The Solar power plant will enable the generation and transmission of clean energy via the Inter-State Transmission System (ISTS). The project will supply renewable energy to Madhya Pradesh Power Management Company Ltd and Indian Railways thus contributing significantly to India’s renewable energy goals,” it said.
Also Read: Waaree Energies secures NABL certification for its second solar testing facility
Shares of Waaree Energies Ltd ended at ₹3,174.05, up by ₹37.55, or 1.20% on the BSE.
