Archive · 24 Jul 2026
Waaree Renewable Pursues 11 GW Overseas Solar EPC Orders
Waaree Renewable Technologies is a company that builds solar energy projects.
They are looking to get big orders to build solar projects in countries like Vietnam and in the West Asia region.
They are also working on other energy projects like battery storage and power transmission.
The company has a lot of projects in India too, and they are planning to build a big solar project in Madhya Pradesh.
They think these projects will help them grow a lot in the future.
Waaree Renewable Technologies is pursuing 11 GW of solar EPC orders overseas, primarily in West Asia.
The company is also bidding for 25-26 GW of solar EPC orders domestically.
WRTL sees significant opportunities in battery energy storage systems (BESS), transmission and distribution (T&D), and data centers.
The company has a ₹5,300 crore order book, with ₹200 crore from BESS projects.
WRTL is pursuing nearly ₹20,000 crore worth of T&D orders across domestic and overseas markets.
- Who
- Waaree Renewable Technologies (WRTL)
- What
- Pursuing 11 GW of solar EPC orders overseas, primarily in West Asia
- When
- Orders expected to be executed in one or two years
- Where
- West Asia and Vietnam
- Why
- To expand its renewable energy business and capitalize on growing demand for solar projects
Expansion Strategy
Market Risks
Geopolitical Tension
Expansion Strategy
Focusing on markets unaffected by geopolitical tension to secure stable projects.
Market Risks
Potential risks due to geopolitical instability in the region.
- Company
- Waaree Renewable Technologies (WRTL)
- Parent Group
- Waaree Energies
- Target Markets
- West Asia, Vietnam
- Domestic Bidding Pipeline
- 25-26 GW
- Order Book
- ₹5,300 crore
- BESS Projects
- ₹200 crore
- T&D Orders
- ₹20,000 crore
- Solar Project in Madhya Pradesh
- 450 MW