The Emerging 100: Waaree Renewable Technologies has its eyes set on a green future

/4 min read
magazine-cover-image
This story belongs to the issue:
April 2026
Read Full E-Magazine

This story belongs to the Fortune India Magazine April 2026 issue.

Waaree Renewable Technologies, ranked 12th, is positioning itself for the next phase of India’s energy transition.

ADVERTISEMENT

The Emerging 100: Waaree Renewable Technologies has its eyes set on a green future
Viren C. Doshi, wholetime director, Waaree Renewable Technologies 

WHEN SUNBREEZE RENEWABLES NINE, an SPV of Jindal Renewables, set out to build a 2-GW solar power project in Bikaner — mainly aimed at low-carbon emitting steel production — it had one name as its EPC partner: Waaree Renewable Technologies Ltd (WRTL). It’s not a straightforward mandate. WRTL is responsible for the entire lifecycle — design, engineering, procurement, construction, testing, and commissioning. The power generated must also be seamlessly delivered to the designated point of injection. “It is one of the largest and most complex projects we have handled in recent times,” says Viren C. Doshi, wholetime director at WRTL.

The scale reflects how far WRTL, Waaree Energies’ solar EPC arm, has come. From executing a modest 10-MW EPC project in 2011, WRTL has grown into a full-fledged renewable infrastructure player. It has delivered over 10,000 projects globally, installing more than 2.3 GW across utility-scale, rooftop, floating solar, and solar park segments. Today, its portfolio includes over 50 ground-mounted projects totalling more than 1.9 GW, eight IPP/solar park projects with a capacity exceeding 270 MW, and over 400 rooftop installations generating more than 50 MW, placing it among India’s top solar EPC players alongside heavyweights such as Tata Power, Adani, and L&T, among others.