Waaree Renewable Technologies Ltd signs LoA for EPC order

Waaree Renewable Technologies Limited (Formerly known as Sangam Renewables Limited) have signed Letter of Award (LoA) with one of India's leading construction company, for the execution of Engineering, Procurement, Construction, and Commissioning (EPCC) of a solar power project of 7 MWp DC capacity for their Captive requirement along with three years of Operation & Maintenance work.

The project is scheduled to be completed in the F.Y.2022-23, as per the terms of order.

Shares of Waaree Renewable Technologies Ltd was last trading in BSE at Rs. 495.55 as compared to the previous close of Rs. 484.90. The total number of shares traded during the day was 11666 in over 298 trades.

The stock hit an intraday high of Rs. 497.85 and intraday low of 476.05. The net turnover during the day was Rs. 5696703.00.

Source : Equity Bulls

Keywords

WaareeRenewableTechnologies INE299N01013 LoA OrderWin EPCC SolarPowerProject