Hot Pursuit     28-Nov-22
Waaree Renewable gains on receiving LoA for solar project
Waaree Renewable Technologies rose 2.94% to Rs 492 after the company said it received a Letter of Award (LoA) for solar power project.
Waaree Renewable Technologies (formerly known as Sangam Renewables) has received a Letter of Award (LoA) on 25 November 2022 from one of the reputed steel industry player for executing Engineering, Procurement, and Construction (EPC) works in respect of solar power project with a capacity of 52.5 MWp DC along with provision of land, infrastructure and approvals for 70 MWp DC. Customer will issue PO pursuant to LoA.

Waaree Renewable is engaged in the business of generation of power through renewable energy sources and also providing engineering, procurement, and construction (EPC) services in this regard.

The company's consolidated net profit rose 87.7% to Rs 8.09 crore on 966.9% jump in revenue from operations to Rs 120.56 crore in Q2 FY23 over Q2 FY22.

Previous News
  Waaree Renewables Technologies receives LoA for solar power project of 70 MW DC
 ( Corporate News - 07-Nov-23   19:24 )
  Sangam Renewables to hold board meeting
 ( Corporate News - 27-Jan-21   10:14 )
  Sangam Advisors reports standalone net loss of Rs 0.22 crore in the September 2015 quarter
 ( Results - Announcements 12-Nov-15   15:54 )
  Sangam Renewables to table results
 ( Corporate News - 29-Oct-18   10:12 )
  Waaree Renewable Tech bags order to set up solar power project
 ( Hot Pursuit - 13-Jun-23   15:11 )
  Waaree Renewables Technologies bags 36 MWp DC solar power project
 ( Corporate News - 13-Jun-23   16:49 )
  Waaree Renewables Technologies Ltd Spurts 2.89%
 ( Hot Pursuit - 11-Oct-22   09:30 )
  Sangam Advisors reports standalone net profit of Rs 0.01 crore in the December 2017 quarter
 ( Results - Announcements 21-Feb-18   17:06 )
  Waaree Renewable Techs. to table results
 ( Corporate News - 02-Feb-22   11:18 )
  Sangam Advisors allots 36,35,959 equity bonus shares
 ( Corporate News - 23-Jul-14   16:04 )
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 ( Hot Pursuit - 05-Jun-23   09:30 )
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