Waaree Renewable Technologies Ltd receives LOA for EPC work of Solar Power Plant

Waaree Renewable Technologies Limited ("WAAREERTL") have received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant of 980 MWp /700 MWac on turnkey basis with an order value of Rs. 990.60 Crore.

The project is scheduled to be completed within 12 Months as per the term of the Letter of Award.

Included for the captioned LOA, the unexecuted order book now stands at 2.141 GW.

Shares of Waaree Renewable Technologies Limited was last trading in BSE at Rs. 4428.75 as compared to the previous close of Rs. 4217.90. The total number of shares traded during the day was 26058 in over 1088 trades.

The stock hit an intraday high of Rs. 4428.75 and intraday low of 4428.75. The net turnover during the day was Rs. 115404367.00.

Source : Equity Bulls

Keywords

WaareeRenewableTechnologies INE299N01013 LOA OrderWin EPCWork SolarPowerPlant OrderBook