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Waaree Energies secures a 700 MW solar and 700 MW/2800 MWh ESS project from SECI in Maharashtra

28-Aug-26 15:45 Hrs IST

Waaree Energies Ltd. announced that its wholly-owned subsidiary, Waaree Forever Energies Private Limited, has received a Letter of Award (LOA) on August 27, 2026, from Solar Energy Corporation of India Limited (SECI) for the development of a 700 MW Solar and 700 MW/2800 MWh Energy Storage Solution (ESS) Renewable Energy Power Project in Solapur, Maharashtra. The project, awarded by a domestic entity, involves a one-time order with a Power Purchase Agreement valid for 25 years from the scheduled commencement of supply date, and the company confirmed that neither promoters nor group companies have any interest in SECI, and the order does not constitute a related party transaction.

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