Waaree Energies Withdraws ₹25,000-Crore Solar Project From Odisha

MNRE Launches ₹2.3 Crore Innovative Projects Start-Up Challenge

MNRE, Government of India, launched the Innovative Projects Start-Up Challenge on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE)

Waaree Energies withdraws ₹25,000-Crore solar project from Odisha

Bhubaneswar: In a setback to Odisha’s industrial ambitions, Waaree Energies Limited, India's largest manufacturer of solar PV modules, has withdrawn its proposed ₹25,000-crore solar power equipment manufacturing complex from the state. The announcement comes even as the BJP-led government celebrates one year in power in Odisha. The mega project was proposed to be set up at Neulopoi in Dhenkanal district and expected to be a landmark investment i…

Waaree Energies Pulls Rs 25K Cr Solar Plant from Odisha

Waaree Energies Limited, India’s largest solar PV module manufacturer, has withdrawn its proposed Rs 25,000-crore solar equipment complex from Neulopoi in Dhenkanal district. The company cited “execution delays” at the designated site as the principal reason for pulling out. The high-profile project, approved by the Odisha government’s High-Level Clearance Authority in April 2023, had envisioned […] The post Waaree Energies Pulls Rs 25K Cr Solar…

Waaree Moves Solar Project Out Of Odisha 6 Months After Groundbreaking Ceremony!

Bhubaneswar: In a setback for Odisha, Waaree Energies has decided to shift its much-anticipated 6 GW integrated solar manufacturing facility from Dhenkanal. The board approved the strategic move in a meeting held on June 20, according to a regulatory filing to the BSE and NSE, citing execution delays at the Odisha location. “The company is experiencing delays in the execution of the project at the location specified in the prospectus. In order t…

Waaree Drops Solar Project in Odisha, Shifts Focus to Other States

Bhubaneswar: In a major blow to Odisha’s industrial ambitions, Waaree Energies, India’s largest solar module manufacturer, has pulled out of its ₹25,000 crore integrated solar manufacturing project in the state, citing prolonged execution and land acquisition delays. The ambitious project, which was planned in Dhenkanal district, aimed to manufacture ingots, wafers, solar cells, and modules from a single integrated facility. However, the company…

Waaree Energies board approves change in 6 GW ingot-to-solar module fab location

Waaree Energies board of directors has approved a change in the location of its 6 GW ingot-to-solar module manufacturing project from Odisha to multiple sites across Gujarat, Maharashtra, and other potential states.Waaree Energies’ Board of Directors has approved a change in the location of its 6 GW ingot-to-solar module manufacturing project. The company was awarded the project with incentives of INR 19,232.40 million under the second round of …