Press Release

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Waaree Energies Ltd. has announced commissioning of its 10 MW solar power plant for Sharda Construction and Corporation Pvt Ltd (SCCPL) a construction major based in Nanded, Maharashtra.

The project located at Latur, Maharashtra was allotted to SCCPL under the Domestic Content Requirement (DCR) category of Jawaharlal Nehru National Solar Mission�s Phase 2, Batch 1. The EPC contract was awarded to Mumbai based, Waaree Energies Limited to design and execute the project by SCCPL. The project was completed by Waaree energies Limited in less than 90 days even in the face of challenging conditions.

Speaking at the occasion Mr Hitesh Doshi, CMD Waaree Energies Ltd said "We had to face few challenges like undulated land and an extreme slope with a catchment area at the bottom which added to the design complexity. We are proud to share that the plant performance till date is as expected and it is a proof of Waaree�s design and engineering capability. This project is a hallmark of our growing capability in the field of solar.�

About Waaree Energies Limited:

Waaree Energies Ltd is the flagship company of Waaree Group founded in 1989 with headquarters at Mumbai, India. It is on the forefront of solar energy with India�s largest solar PV module manufacturing capacity of 500 MW at its Surat plant. Waaree Energies is present across the solar value chain providing rooftop solutions, solar water pumps, EPC, 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