Solex Energy Secures ₹74.77 Crore Solar PV Module Supply Orders
Solex Energy Limited has secured work orders worth a combined ₹74.77 crore, including applicable taxes, from domestic entities for the manufacture and supply of Solar PV Modules.
The company disclosed the development on September 3, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.
₹74.77 Crore Solar Module Orders
According to the company, the work orders involve the manufacture and supply of Solar PV Modules to domestic entities.
Key details include:
- Total order value: ₹74.77 crore, including applicable taxes
- Customers: Domestic entities
- Nature of orders: Manufacture and supply of Solar PV Modules
- Execution: Scheduled across December 2026
- Promoter/group interest in customers: No
- Related-party transaction: No
The company has not disclosed the names of the entities awarding the orders. The significant terms and conditions will be governed by the respective purchase orders.
Execution Scheduled for December 2026
The work orders are scheduled to be executed across December 2026. This provides a defined near-term execution window for the newly secured business.
However, the company has not disclosed project-wise order values, volumes of Solar PV Modules to be supplied, or expected margins from these contracts.
Strengthening Solar Manufacturing Order Pipeline
The latest orders add to Solex Energy’s business pipeline in the Solar PV Module manufacturing and supply segment.
The company operates in India’s solar energy value chain, and the new contracts provide additional near-term demand for its module manufacturing operations.
For investors, the key development is the ₹74.77 crore order inflow, while the eventual financial impact will depend on execution, revenue recognition and project-level profitability.
Investor Takeaways
₹74.77 crore order value: Solex Energy has secured Solar PV Module supply work orders worth ₹74.77 crore, including applicable taxes.
Domestic customers: The orders have been received from domestic entities.
Near-term execution: The contracts are scheduled to be executed across December 2026.
No related-party connection: The company has stated that its promoters/promoter group/group companies have no interest in the entities awarding the orders, and the contracts do not fall under related-party transactions.
Financial impact yet to be quantified: The company has not disclosed order-wise module volumes, margins or the expected contribution to revenue and profitability.
About Solex Energy
Solex Energy Limited, headquartered in Surat, Gujarat, operates in the solar energy sector, including the manufacture and supply of Solar PV Modules.
The latest work orders further add to the company’s solar module supply pipeline as India’s renewable energy and solar manufacturing ecosystem continues to expand.