Odisha, India – June 22, 2025 — In a significant update for India’s renewable energy sector, Waaree Energies, a leading solar panel manufacturer in India, has confirmed that its solar energy project in Odisha is progressing smoothly and there are no plans to relocate the facility.
In an official statement to the stock exchange, Amit Paithankar, CEO and Whole-Time Director of Waaree Energies, said, “We remain fully committed to Odisha. The project is moving ahead as planned, and we have no intention of shifting it to another location.”
While specific project details remain undisclosed, the company assured that construction activities are underway, and key engineering and procurement contracts have already been awarded and are currently being executed.
Strengthening India’s Renewable Energy Goals
The Odisha solar project is expected to play a crucial role in expanding Waaree’s footprint in Eastern India and contribute to the growth of clean energy infrastructure in the country. With rising demand for solar power and the Indian government’s push for sustainable energy, this project is aligned with the nation’s long-term green energy targets.
Waaree Energies is a major player in photovoltaic (PV) module manufacturing and has a strong presence in both domestic and international solar markets. The Odisha facility is likely to boost local employment and support the state’s green industrial development.
No Shift in Location – Company Clarifies
The clarification comes amid reports and speculation about a possible relocation. However, the company has firmly denied such rumors, reinforcing its dedication to delivering the project on schedule and within the state of Odisha.
Key Takeaways:
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Waaree Energies confirms its solar project in Odisha is progressing as planned.
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No change in project location.
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The project supports India’s renewable energy growth.
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Construction and contract execution are actively ongoing.
