Waaree’s supply mandate with ENGIE is expected to commence from November this year and is likely to complete by February 2024. ENGIE India is developing the Sayla village project, designated as GUVNL 2, under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam (GUVNL).

Waaree Energies has bagged a 200 MW module supply order from ENGIE India for a solar project in Surendra Nangar district of Gujarat.

The company, however, did not disclose the value of the order. ENGIE India is a subsidiary of the French-based ENGIE Group, a global player in low-carbon energy and services.

The company is currently in the process of developing the Sayla village project, known as GUVNL 2, which operates under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam (GUVNL). ENGIE India, the company in charge, has confirmed this development.

The supply agreement between Waaree and ENGIE is scheduled to kick off in November of this year and is anticipated to conclude by February 2024.

The project will be powered by 200 MW of AHNAY 545 Wp Bifacial modules provided by Waaree, resulting in an annual electricity generation of 34 crore units.