Mumbai, June 8 -- The contract pertains to a 300 MW/450 MWp ground-mounted solar power project and includes operation and maintenance (O&M) services for a period of two years.

According to the company, the project is scheduled for completion during FY2026-27, in line with the terms of the contract. The aggregate order size stands at 300 MW/450 MWp.

Waaree Renewable Technologies clarified that SPPL is a subsidiary of the company and that the contract therefore qualifies as a related-party transaction. The company added that its promoter and promoter group entities have an interest in the awarding entity through this subsidiary relationship.

Waaree Renewable Technologies (WRTL) is a subsidiary company of the Waaree Group and is spearhead...