The company shall develop the ground mount solar power project including operation and maintenance (O&M) 21 MW AC /29.4 MW DC capacity. This project will be executed under Mukhyamantri Saur Krushi Vahini Yojana-2.0 (MSKVY 2.0).

The project is scheduled to be completed in the financial year 2025- 26, as per the terms of the order.

Waaree Renewable Technologies (WRTL) is a subsidiary company of Waaree Group and is spearheading the solar EPC business. The company provides clean energy to its clients by setting up both on-site solar projects (rooftop and ground-mounted) and off-site solar farms (open-access solar plants).

The company’s consolidated net profit jumped 82.7% to Rs 93.81 crore on a 74.4% increase in revenue from operations to Rs 476.58 crore in Q4 FY25 over Q4 FY24.

The counter shed 0.94% to settle at Rs 989.10 on the BSE.