Waaree Renewable signs 5-year O&M deal for 360 MWp solar project
In short
Waaree Renewable Technologies has signed a five-year operations and maintenance deal for a 360 MWp solar project. The summary says the company got the intimation and letter of award on October 31.
The report does not say the contract value or name the power producer. The deal adds business for Waaree Renewable Technologies in solar services.
What the reporting says
Waaree Renewable Technologies has signed a five-year O&M agreement for a 360 MWp solar power project awarded by a domestic independent power producer. The CNBC TV18 summary says the company received the intimation and letter of award on October 31. The reporting does not name the counterparty or disclose contract value.
Why it matters
Waaree Renewable Technologies has signed a five-year operations and maintenance agreement for a 360 MWp solar project awarded by a domestic independent power producer. The company received the intimation and letter of award on October 31, according to the summary. The reporting does not state the contract size in rupees or identify the project owner, so the financial impact cannot be quantified from the available material.