The order is allocated by a renewable energy arm of one of India's leading steel manufacturing companies. On Wednesday, Waaree Renewable Technologies said it has bagged an order to build a 221.8 MWp solar power project from a steel maker.
In a BSE filing, it said, "We have received a Letter of Award (LoA) from one of India's leading steel manufacturing firms for the execution of Engineering, Procurement and Construction (EPC) works of a solar power project of 221.8 MWp DC capacity."
As per the terms of the contract, the project is likely to be completed in the financial year 2023-24.
The financial details of the solar power project are not disclosed by Waaree Renewable Tech.
In addition to this, the company also received a letter of intent (LOI) for executing a 1 MW green hydrogen project last week in Maharashtra on a Built-Own-Operate basis.
Also, the Company’s agenda focuses on the world being more sustainable with an array of solutions ranging from sustainable aviation fuels to low global warming potential refrigerants with the technology transforming the world already!!
