StockWatch
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Civil Construction
Business Update30 Sept 2026, 01:37 pm

Solarworld Subsidiary Secures ₹78.75 Cr Solar Panel Order

AI Summary

Solarworld Energy Solutions Ltd announced that its wholly owned subsidiary, ZNShine Solarworld Private Limited, has received a significant purchase order from a leading renewable energy player. The order is for the supply of 96,000 units of Solar Panel G12R 625 Wp. The basic order value is ₹75.00 crore, with a total order value of ₹78.75 crore, inclusive of 5% IGST. The order is for a domestic entity and is subject to the terms and conditions specified in the Purchase Order. The execution timeline is as per the purchase order's stipulations. This marks a substantial business win for the subsidiary.

Key Highlights

  • Subsidiary receives ₹78.75 crore order for solar panels.
  • Order includes 96,000 units of G12R 625 Wp solar panels.
  • The deal is with a leading domestic renewable energy player.
  • Basic order value stands at ₹75.00 crore, inclusive of IGST.