Waaree Energies signs PPA for Rewa solar project
Manufacturer and exporter of solar modules, Waaree Energies Limited, has signed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Limited (RUMSL) and M.P. Power Management Company Limited (MPPMCL). This PPA is for the supply of 150 megawatts (MW) of solar power.
This agreement comes after the firm's wholly-owned subsidiary, Waaree Forever Energies Private Limited (WFEL), has received a Letter of Award (LoA) for developing a 170 MW solar power project in Madhya Pradesh. The power generated will be supplied to both MPPMCL and Indian Railways through the Inter-State Transmission System (ISTS).
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