The modules will be supplied over two financial years, although Waaree did not disclose the customer’s name or the value of the order.
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The company did not name the customer. It described the buyer only as a leading solar developer and a domestic entity. The filing states the significant terms of the order simply as the supply of solar modules.
Order structure and timeline
The order is one-time in nature. The 2 GW of modules will be supplied across two financial years, FY2026-27 and FY2027-28. The filing did not disclose the monetary value of the order and describes its size only as the supply of 2 GW of solar modules.
No promoter interest or related party angle
Waaree said its promoter, promoter group and group companies have no interest in the entity that awarded the order. It also said the order does not fall within related party transactions.
