Waaree Renewable secures ₹114.22 crore order for 94 MW solar projects in Maharashtra
New Delhi:
Waaree Renewable Technologies Limited
(WRTL) has secured a Letter of Award (LOA) valued at ₹114.22 crore for engineering, procurement and construction (EPC) of 94 MW AC solar photovoltaic (PV) plants across multiple locations in Maharashtra under the
Mukhyamantri Saur Krishi Vahini Yojana
(MSKVY) 2.0, the company said.
The contract was awarded by a renewable energy generation company following a competitive bidding process. The project will be executed as part of the MSKVY 2.0 initiative launched by the Government of Maharashtra to provide daytime electricity to farmers through decentralized solar power generation.
India's total installed solar capacity has crossed 97 GW as of 2024, with a target to reach 280 GW by 2030, driven by central and state-level policies and increasing private sector participation.
Sunil Rathi, Executive Director, Waaree Renewable Technologies Limited, said, 'This Letter of Award is more than just a project win—it's a reaffirmation of the trust our partners place in us. At WRTL, we don't just build solar plants—we deliver certainty, speed, and scale. Whether it's a multi-megawatt utility project or a smaller distributed installation, we approach every assignment with the same precision, passion, and professionalism. Our ability to execute projects of any size with consistency and excellence is what sets us apart—and keeps our clients coming back. Through this project, we are proud to contribute meaningfully to the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 by enabling clean, daytime electricity for farmers and supporting rural energy independence. This is how we power progress—one megawatt at a time.'
WRTL said the company continues to receive repeat orders from customers across sectors and maintains a strong position in the solar EPC segment, with capabilities spanning design, procurement, construction and commissioning of solar infrastructure.
The MSKVY 2.0 scheme aims to enhance rural energy access and reduce dependence on conventional energy sources through decentralised renewable power installations.
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