
Waaree Renewable Technologies Ltd and Viet Khanh Joint Stock Company have signed a non-binding Memorandum of Understanding (MoU) to execute turnkey EPC works of a 100MWp photovoltaic solar power project in Ea Mdrod commune, Cư Mgar district, Daklak province, Vietnam.
This strategic alliance marks a major milestone in cross-border clean energy collaboration between India and Vietnam and the second such collaboration between Waaree Group and the customer after successful completion of a 49.5 MW project in Cam Ranh province in 2019.
The objective of this MoU is to reaffirm the strong business relationship and commitment between Waaree and the project owner, with a full scope of design, engineering construction, testing and successfully connecting the solar power plant to the national power grid.
The project is a natural progression from the 49.5MW solar power project delivered by Waaree Group in 2018–19, which is today regarded as Vietnam’s one of the highest performing solar installations.