Waaree Renewables bagged a ₹1,252 crore order from Waaree Forever Energies for building a large solar power project.
The deets: the turnkey EPC order covers an 870 MWac / 1,218 MWp ground-mounted solar plant. It also includes a 33kV/400kV substation, transmission line, and two years of O&M services.
The project is slated for completion in FY27.
What it means: an 870 MWac / 1,218 MWp solar plant can generate enough clean electricity to power 10–12 lakh homes, replacing coal-fired power with renewable energy.
Zoom out: India’s solar power has exploded over the past decade, from 2.8 GW in 2014 to over 100 GW by early 2025. As of July 2025, cumulative solar capacity climbed to 119 GW, making up roughly 24% of India’s total power capacity and nearly 50% of all renewable energy capacity.
States like Rajasthan, Gujarat, and Maharashtra led the charge. Driven by this momentum, the Central Electricity Authority projects that solar capacity (292.6 GW) will surpass thermal by 2030, pushing toward the country’s broader 500 GW non-fossil power target.
Yet, to hit these ambitious goals, India must double its annual renewables rollout, adding infrastructure at a 15%+ pace through 2030