Waaree Energies Limited has made a regulatory disclosure under Regulation 30 of SEBI Listing Requirements regarding receipt of a significant supply order.
Contract Details
- Customer: Renowned domestic energy solutions provider (name not disclosed)
- Product: Solar modules
- Capacity: 800MW
- Nature: One-time supply contract
- Delivery Timeline: Entire supply scheduled for Financial Year 2026-27 [April 2026 to March 2027]
- Geographic Scope: Domestic entity (Indian customer)
Commercial Considerations
The disclosure specifies the order involves "supply of 800MW solar modules" but does not quantify the monetary value or commercial consideration of the contract.
Related Party Considerations
The company confirmed that:
- Promoter/promoter group/group companies have no interest in the entity that awarded the order
- The order does not qualify as a related party transaction
- The transaction is conducted at arm's length basis