Waaree Subsidiary Wins 300 MW Wind Project Order from SECI in Gujarat

WAAREE Energies Limited ( (IN:WAAREEENER) ) has issued an update.

Waaree Energies said its wholly owned subsidiary, Waaree Forever Energies, has received a Letter of Award from Solar Energy Corporation of India to develop a 300 MW wind power project in Dwarka, Gujarat. The one-time project, backed by a 25-year power purchase agreement, strengthens Waaree’s position in India’s renewables sector and provides long-term revenue visibility from a key government-backed offtaker.

The contract, awarded by a domestic entity with no related-party involvement, marks a notable expansion of Waaree’s wind portfolio beyond its core solar operations. By securing a sizable grid-connected wind project in a strategically important state, the company deepens its role in utility-scale clean energy and enhances its growth prospects in India’s competitive green power market.

More about WAAREE Energies Limited

Waaree Energies Limited is an India-based renewable energy company, operating through subsidiaries such as Waaree Forever Energies Private Limited. The group focuses on developing utility-scale clean power projects, including solar and wind assets, targeting India’s growing demand for sustainable electricity and supporting the country’s energy transition goals.

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Technical Sentiment Signal: Sell

Current Market Cap: 852.6B INR

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