Solex Energy said the latest order inflow adds to its growing order pipeline and comes amid continued demand for its solar module manufacturing capabilities.
In addition, the company has received a Letter of Intent (LOI) for an order worth approximately ₹174.30 crore. The Module Supply Agreement for the order is currently at the signing stage. Together, these orders represent an executable order pipeline of approximately ₹846 crore, targeted for execution by December 31, 2026.
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In January this year, Solex Energy announced the receipt of a ₹276 crore work order from a domestic independent power producer for the manufacture and supply of N-type TOPCon solar PV modules, providing fresh visibility to its order book.
The order involves the supply of 615 Wp and 620 Wp glass-to-glass (G12R) solar modules and is scheduled to be executed between February and May 2026, according to a regulatory filing.
The value is inclusive of all applicable duties and taxes, with the company clarifying that the transaction does not fall under related-party dealings.
Shares of Solex Energy Ltd ended at ₹720.00, up by ₹6.30, or 0.88%, on the BSE.ALSO READ | Solex Energy signs MoU with Germany’s ISC Konstanz for solar R&D tie-up
