Competitor profile

Waaree Energies Ltd

They win 19% of what they bid — and 93% of the value, so the bids they miss are the smaller ones.

53tenders on record
8buyer authorities
1state
4 Sept 2024last award
Total bids
53
53 including cancelled tenders
Awarded
10
42 lost · 0 still pending
Awarded value
₹527.5 Cr
of ₹568.5 Cr bid — 92.8% conversion
Win rate
18.9%
of 53 decided bids

Bid outcomes

How their decided bids ended, by number and by value
By count53 bids
18.9%
79.2%
Awarded1018.9%
Pending00.0%
Tech rejected11.9%
Lost4279.2%
By value₹568.5 Cr
92.8%
Awarded₹527.5 Cr92.8%
Pending₹00.0%
Tech rejected₹9.8 L0.0%
Lost₹41.0 Cr7.2%

Where they win

3 authorities · 0 states

Top buyer organisations

IRCON International Limited₹524.9 Cr99.5%
IndianOil₹2.5 Cr0.5%
NTPC Vidyut Vyapar Nigam Limited₹20.0%

Operating states

LowHigh

10 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
PEnA Power Engineering and Automation Private Limited0 wins · 29 shared tenders
₹0
won head-to-head
02
SWELECT Energy Systems Limited3 wins · 21 shared tenders
₹6.5 Cr
won head-to-head
03
Ujaas Energy Ltd0 wins · 21 shared tenders
₹0
won head-to-head
04
Statcon Energiaa Pvt Ltd0 wins · 18 shared tenders
₹0
won head-to-head
05
CLASSIC SIGNAGES PVT. LTD.0 wins · 16 shared tenders
₹0
won head-to-head
06
Vikram Solar Private Limited1 win · 16 shared tenders
₹52.7 L
won head-to-head
Rival awardedWaaree Energies awardedOthers

Recent tenders awarded to Waaree Energies

About Waaree Energies Ltd

Waaree Energies Ltd appears as a bidder on 53 government tenders on record, from 8 buyer authorities in 1 state. Of its 53 decided bids, it was awarded 10 — a 18.9% win rate — worth ₹527.5 Cr in total. Its most recent award on record is from 4 Sept 2024.

Its largest buyer by awarded value is IRCON International Limited, at 99.5% of what it has won, out of 3 authorities that have awarded it work. On priced bids, its median quote is 18.0% above the lowest bid (L1).

It most often bids against PEnA Power Engineering and Automation Private Limited, SWELECT Energy Systems Limited and Ujaas Energy Ltd. PEnA Power Engineering and Automation Private Limited bid on 29 of the same tenders and won 0 of them; Waaree Energies Ltd won 4.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.