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After BSE, Waaree Renewable Considers Plans For Listing In NSE

Indian solar EPC and O&M player Waaree Renewable Technologies is now mulling the listing of its company at the National Stock Exchange (NSE). It is already listed under the Bombay Stock Exchange (BSE). The company management shared the information during its recent investors call. The firm recently updated the details of the investors’ call to […]

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Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest

Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […]

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Waaree Renewable Technologies Reports Revenue of INR 129 Cr in Q1FY24 with 35.7% Surge YoY

Waaree Renewable Technologies Limited, the solar EPC subsidiary of Waaree Group and a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ending June 30, 2023. In Rs Cr Q1FY24 Q1FY23 Y-o-Y Change Revenue 128.9 95.0 35.7% EBITDA 16.0 13.1 22.4% EBITDA Margin 12.4% 13.7% […]

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Waaree Commissions 122 MWp of Solar Project At Khandwa In MP

Waaree Renewable Technologies Ltd. (WRTL), a subsidiary of Waaree Energies Ltd, has now announced the commissioning of 87.5MW (122.5MWp) of EPC solar power project in the Khandwa district of Madhya Pradesh. This project was developed by Waree for UPC Renewable Energy Pvt Ltd’s subsidiary Masya Solar Energy Pvt Ltd. The clean energy project is spread […]

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Waaree Renewable Technologies Bags 6.5 MWp(DC)/ 5 MW(AC) EPC Project in Chhattisgarh

Renewable energy EPC firm, Waaree Renewable Technologies Ltd has been awarded an Engineering, Procurement, and Construction (EPC) contract for a solar power project by energy arm of India’s leading steel and power conglomerate. The firm has secured the EPC contract for a 6.5 MWp (DC)/ 5 MW (AC) solar power project in Chhattisgarh. The project […]

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Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold

Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […]

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Waaree Renewable Technologies Receives LoA for Solar Project of 6.5 MW

EPC firm Waaree Renewable Technologies has announced that it has received a Letter of Award (LOA) from energy arm of one of India’s leading conglomerate in steel, power and infrastructure sector. The firm will be responsible for engineering, procurement and construction (EPC) services in respect of setting up of a solar power project of 6.5 […]

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