Solex Energy Lands Major Work Order Worth ₹628.37 Crore for Solar PV Modules
Solex Energy Limited has secured a significant work order from a renowned Independent Power Producer, marking a substantial win in the renewable energy sector. The contract involves the manufacturing and supply of N-Type TOPCon 615 Wp/620 Wp Glass-to-Glass (G12R) Solar PV Modules.The total value of the work order is ₹ 628.37 crore, inclusive of all applicable duties and taxes. This contract positions Solex Energy to supply specialized solar modules for a period spanning October 2026 through March 2027.
As detailed in the transaction information, the client awarding the order is a domestic entity within the renewable energy space. The nature of the order confirms that Solex will be responsible for the manufacture and supply of the G12R TOPCon photovoltaic modules.
The details regarding the contract indicate that the work falls outside the scope of related party transactions, and there is no reported interest from the promoter group or their companies in the entity awarding the order.
SOLEX Stock Price Movement
Solex Energy Limited surges in active trading, edging up to ₹1,059.70 as of 11:08 AM today after gaining 6.18%. The equity has seen a brisk market activity, with 61,635 shares traded so far in the live session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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