Deals10 Feb 2025, 02:40 pm
Aerpace Industries Secures Major Order Worth INR 136.55 Crores for High-Efficiency Solar Panels
AI Summary
Aerpace Industries Ltd has announced a significant milestone under the aerVolt project. The company has secured an order for the supply of 100 MWp high-efficiency 595 Wp TOPCon technology smart solar panels, valued at INR 136.55 crores. This order will contribute to the company’s top-line for FY 2025-2026 and strengthen operational liquidity as they scale production and operations. The delivery of the solar panels is scheduled to begin from April 2025.
Key Highlights
- Secured order for 100 MWp high-efficiency 595 Wp TOPCon technology smart solar panels worth INR 136.55 crores
- Order contributes to the company’s top-line for FY 2025-2026 and strengthens operational liquidity
- Delivery of solar panels scheduled to begin from April 2025
- Installation of 400 MWp solar panel manufacturing facility on track for completion in February and March 2025