Waaree Energies Unlisted Shares
Waaree Energies Secures 200 MW Solar Module Supply Contract with ENGIE India
Solar Quarter
2 min read
Waaree Energies Secures 200 MW Solar Module Supply Contract with ENGIE India.
Expert Analysis:
Waaree Energies and ENGIE India have announced a strategic partnership to supply 200 MW of solar modules for a project in Gujarat.
The project, known as GUVNL 2, is being developed by ENGIE India under a 25-year PPA with GUVNL, a state-owned power utility.
The project is expected to start in November 2023 and finish by February 2024.
The project would produce an astounding 340 million units of electricity each year.
Goodwill Of Project: Waaree, as now India's top producer of solar modules, is strengthened by this partnership.
Large-Scale Project: It's a Popular supplier for solar power projects not just in India but also internationally due to producing bankable and dependable modules and meeting large-scale utility requirements.
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