WAAREE bags 5 MW solar project from Friends Group

Waaree Energies Factory at Surat, India

India’s WAAREE Energies announced it has secured a 5 MW renewable energy contract from Gujarat-based Friends Salt Works & Allied Industries.  Under the terms of the agreement WAAREE will be setting up a new solar photovoltaic power plant at Village Bid Pipalya, Susner, Madhya Pradesh.  

Contract scope includes design, manufacture, supply, installation, operation and maintenance of the solar power plant. According to the announcement, WAAREE polycrystalline solar panels will be utilized for the project, which are manufactured at the company’s innovative 110 MW automated production facility at Surat.

WAAREE Chairman Mr. Hitesh Doshi offered, "This project has reinforced our growth momentum as we enter 2013 and strengthened WAAREE Energies' ability to secure and execute mega-scale solar power projects that provide substantial tax benefits  and end-user savings while considerably lowering carbon footprint. We feel extremely proud to provide such remarkable economic and environmental benefits to our stakeholders."

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