Deals3 Sept 2026, 06:30 pm
Solex Energy Secures ₹74.77 Cr Solar PV Module Orders
AI Summary
Solex Energy Limited has announced receiving work orders totaling ₹74.77 crore for the manufacture and supply of solar photovoltaic (PV) modules from domestic clients. These orders are slated for execution by December 2026. Additionally, the company has received a Letter of Intent (LOI) for an order valued at approximately ₹174.30 crore, with the Module Supply Agreement pending finalization. These combined orders contribute to an executable pipeline of approximately ₹846 crore, targeted for completion by the end of 2026. This influx of orders underscores Solex Energy's expanding manufacturing capabilities and growing demand for its solar solutions.
Key Highlights
- Secured work orders worth ₹74.77 crore for solar PV modules.
- Received LOI for an additional order of approximately ₹174.30 crore.
- Total executable order pipeline now stands at approximately ₹846 crore.
- Orders are scheduled for execution by December 2026.
- Reflects continued demand and expansion of manufacturing capabilities.
Price Impact
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