Waaree Energies Bags 280 MW Solar Module Order
By Rediff Money Desk, NEWDELHI Feb 27, 2024 16:18
Waaree Energies has secured an order from Mahindra Susten for the supply of 280 MW of solar modules. The order, worth an estimated Rs 364 crore, will be delivered in the third quarter of the next fiscal.
New Delhi, Feb 27 (PTI) Waaree Energies on Tuesday said it has secured an order from Mahindra Susten for the supply of 280 megawatt (MW) of solar modules.
An agreement has been signed between the two companies in this regard, Waaree Energies said in a statement.
"Waaree Energies will supply 280 MW of AHNAY Series Bi-55 545Wp modules to Mahindra Susten," the company said, without disclosing the order value due to market obligations.
As per the website of Waaree Energies, one piece of the said bi-facial module variant costs around Rs 13,000.
The company expects to make the module delivery in the third quarter of the next fiscal, the statement said.
Waaree Energies Ltd, the flagship company of the Waaree Group, is among the country's largest solar module manufacturers with a capacity of 12 GW per year.
An agreement has been signed between the two companies in this regard, Waaree Energies said in a statement.
"Waaree Energies will supply 280 MW of AHNAY Series Bi-55 545Wp modules to Mahindra Susten," the company said, without disclosing the order value due to market obligations.
As per the website of Waaree Energies, one piece of the said bi-facial module variant costs around Rs 13,000.
The company expects to make the module delivery in the third quarter of the next fiscal, the statement said.
Waaree Energies Ltd, the flagship company of the Waaree Group, is among the country's largest solar module manufacturers with a capacity of 12 GW per year.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.99 (+ 1.52)
- 58018780
- Mishtann Foods L
- 9.17 ( -5.17)
- 27555831
- Shree Securities
- 0.42 ( -6.67)
- 27309223
- AvanceTechnologies
- 0.90 ( -4.26)
- 25537567
- Rajnish Wellness
- 1.69 ( -2.87)
- 19267607
MORE NEWS
Zepto Cuts Losses, Revenue Doubles in FY24
Quick commerce firm Zepto narrowed its losses to Rs 1,248.6 crore in FY24, while...
KKR Sells 2.6% Stake in India Grid Trust for Rs...
Private equity firm KKR has sold a 2.6% stake in India Grid Trust for Rs 277 crore...
MFN Clause Suspension: India Needs Strategic...
Switzerland's suspension of the MFN clause in its tax treaty with India highlights the...