The projects are scheduled to be completed in December 2024, as per the terms of the order

 Waaree Renewable Technologies said it has bagged an order worth Rs 547.5 crore for a 412 MW solar energy project, according to media reports. The company’s unexecuted order book now stands at 1.161 GW, according to a BSE filing. Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) work for a Solar power plant on a turnkey basis with an order value of Rs 547.5 crore, it stated.

The LOA also includes operations and maintenance for a period of two years from the date of handover, with an order value of Rs 6.798 crore. The projects are scheduled to be completed in December 2024, as per the terms of the order.The company also stated that the order is awarded by one of the global leading biggest utilities in the world in renewable energy.

However, it did not specify the name of the firm, but it has disclosed to the BSE that it is a domestic order.