Press Release

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India's number one premier solar manufacturer and solutions provider, Waaree Energies Limited, has announced the commissioning of 27.5 MW DC solar power plant for RohaDyechemPvt Ltd at Bhadla Solar Park in Rajasthan. Sprawling across 125 acres, the project is first-of-its-kind and holds its distinction of being commissioned in a record time of 116 days.

This project was allocated to Roha Dychem Private Limited under the Rajasthan Solar Policy 2011 (Phase 1) with a 25 year PPA(Power Purchase Agreement) with Rajasthan Renewable Energy Corporation Limited (RRECL). Waaree Energies was engaged by RohaDychem as an end-to-end EPC( Engineering Procurement Construction)  solution Provider. The Project utilizes 305 Wp and 310 Wp polycrystalline Solar Panels and 750 kW TMEIC Central Inverter. This is the second largest project commissioned by Waaree Energies Ltd after its 50 MW project for Waaneep Solar during 2015.

Commenting on the completion of this prestigious project, Mr. Hitesh DoshiChairman and Managing Director, Waree energies, said, "We are glad to announce the commissioning of the project as it reiterates our commitment towards high quality both in terms of seamless execution and time-bounded delivery mechanisms. Our execution team battled the scorching heat during the peak summer time in Rajasthan and succeeded in achieving our target of  commissioning 27.5 MW project in pre-decided time-frame. Our team was focused on the goals and had a highly result oriented approach.�

Speaking on the occasion, Shri Ramakantji Tibrewal, CMD, Roha Dychem Private Limited, said, "We as a nation aspire to be one of the top destinations in the  manufacturing of solar energy that leads to sustainable development. We believe this is a step  in that direction, thanks to consistent cooperation and support from Waaree Energies. This project has strengthened our trust on the company and has paved the way towards long-term relationship to achieve the desired outcome in the future.�

About RohaDychem Private Limited:

Roha is the leading manufacturer of natural and synthetic colours � products that are an integral part of the Food & Beverage, Paints, Fertilizers, Feed, Cosmetics and Pharmaceutical industries. The prime-mover in the JJT group of companies, Roha has imbibed the true spirit of JJT�s philosophy of always moving ahead. In the four decades since inception, the company has shot up from one solitary unit in a small Mumbai suburb to 11 sophisticated manufacturing plants, 11 application support labs and offices in 16 countries across the globe. Supported by more than a 100-strong network of distributors and stock points, Roha�s client base spans more than 130 countries with an output of 1500 metric tonnes a month offering multiple products across applications.

About Waaree Energies Limited:

Waaree Energies Ltd is the flagship company of Waaree Group, founded in 1989 with headquarters at Mumbai, India. It is a leading player in the solar Energy space in India as well as internationally. It has India�s largest solar PV module manufacturing capacity of 500 MW, being scaled up to 1Gigawatt by the end 2015. Waaree Energies is present across the solar value chain providing EPC Solutions, Solar Modules for Grid connected solar farms, Rooftop Solar, Solar water pumps, Project development services and also as an Independent Power Producer. Waaree Group has its presence in over 20 locations nationally and 68 countries internationally.

Website: http://www.waaree.com

Media contact for Waaree Energies Limited: vipinvijayan@waaree.com

International Media Contact: prasadchaporkar@waaree.com