Waaree Energies Limited has partnered with NTPC Limited to supply over 135 MW solar modules. NTPC Limited will utilise the modules supplied by Waaree Energies for a solar project located in Anta, Baran district of Rajasthan. The order is anticipated to be completed within a timeframe of 4 months.
In October 2023, Waaree Energies Limited secured a contract from ENGIE India for the supply of 200 MW of solar modules for a solar power project in Sayla village within the Surendra Nagar district of Gujarat.
In August 2023, Waaree Energies Limited raised Rs 10 billion in its second round of equity funding led by ValueQuest for the expansion of another 6 GW of capacity which will be utilised for the production of cells, wafers, modules and solar ingots.