Swelect Energy Systems Ltd-$
SWELECT Secures over 150 MW of Solar Module Orders and Raises Rs 290 crores for Expansion
Mar 12 2025 | 16 days agoSWELECT Energy Systems Ltd., a significant player in India's renewable energy sector, has secured orders for over 150 MW of high-efficiency TOPCon Bi-facial solar PV modules. The company has a 100% success rate in module testing, with every unit passing rigorous evaluations by TUV and other accredited testing laboratories. SWELECT has also successfully raised Rs 290 crores through Non-Convertible Debentures (NCDs) for reinvestment, aiming to scale up its IPP portfolio to 1 GW by 2026-27. This expansion reinforces SWELECT’s commitment to accelerating India’s renewable energy transition.
- Secured orders for over 150 MW of high-efficiency TOPCon Bi-facial solar PV modules
- 100% success rate in module testing
- Raised Rs 290 crores through NCDs for reinvestment
- Aiming to scale up IPP portfolio to 1 GW by 2026-27
- Reinforces commitment to accelerating India’s renewable energy transition