Rs 47,000 crore order book: Solar company receives order for supply of 105-MW solar modules

Waaree Energies Limited secured a domestic order to supply 105 MW of Solar modules to a prominent Indian developer of renewable power projects. This one-time contract highlights the company's significant role in supporting India's green energy infrastructure, with the entire supply of modules scheduled for completion within the 2025-26 financial year. The agreement further underscores Waaree's strong market position and its continued contribution to the expansion of large-scale solar installations across the country.

About the Company

Waaree Energies Limited, an Indian solar energy company, has been a significant player in the global solar industry since its inception in 1990. With an aggregate installed capacity of 15 GW, the company is India's largest manufacturer and exporter of solar PV modules. Waaree's product portfolio includes a diverse range of solar solutions, such as multicrystalline, monocrystalline, and advanced TOPCon modules. The company operates 5 manufacturing facilities in India. Waaree is expanding its facilities to reach 21 GW by 2027, including backwards integration into solar cells, ingot and wafer production.

The company has a market cap of over Rs 73,000 crore. As of September 30, 2025, Waaree Energies Limited boasts a substantial Rs 47,000 Order Book for solar PV modules, including domestic, export, and franchisee orders. The stock is up by 44 per cent from its 52-week low of Rs 1,808.65 per share.

Disclaimer: The article is for informational purposes only and not investment advice.