Waaree Energies Ltd, through its subsidiary Waaree Forever Energies Private Ltd, has secured a Letter of Award (LoA) from Rewa Ultra Mega Solar Ltd (RUMSL) to develop a 170 MW solar power plant in Madhya Pradesh. Waaree Forever Energies Private Limited, a wholly owned subsidiary of Waaree Energies, has been awarded a Letter of Award (LoA) by Rewa Ultra Mega Solar Limited (RUMSL) for the development of a 170 MW solar power plant in Madhya Pradesh, the company announced in a regulatory filing. The plant will be connected to the Inter-State Transmission System (ISTS), facilitating the generation and distribution of clean energy.
The renewable energy produced by the project will be supplied to Madhya Pradesh Power Management Company Ltd and Indian Railways, playing a pivotal role in advancing India’s renewable energy objectives. Waaree Energies is a leading player in India’s solar energy sector, known for its commitment to sustainable energy solutions.
Established in 1989, the company has grown to become one of the largest manufacturers of solar photovoltaic (PV) modules in the country, with a production capacity of over 2 GW annually. Waaree Energies offers a wide range of solar products, including modules, inverters, and storage solutions, catering to both residential and commercial markets.
The company is also involved in the development of solar power plants and provides end-to-end solutions from design and engineering to installation and maintenance. With a strong focus on quality and innovation, Waaree Energies has earned a reputation for delivering reliable and cost-effective solar solutions, contributing significantly to India’s transition toward renewable energy.
