Solex Energy Bags ₹42.47 Crore Order for N-Type TOPCon Solar PV Modules
Solex Energy Limited (NSE: SOLEX | BSE: 544862) has received a ₹42.47 crore work order from a domestic private limited company operating in the power and electricity sector.
The order is for the manufacture and supply of N-Type TOPCon 620Wp Glass-to-Glass (G12R) Solar PV Modules. The company disclosed the order on August 13, 2026, under Regulation 30 of the SEBI Listing Regulations.
Solex Energy Secures ₹42.47 Crore Solar Module Order
Solex Energy has received a work order aggregating to ₹42.47 crore, including taxes, from a domestic private limited company engaged in the power/electricity sector.
The contract involves the manufacture and supply of N-Type TOPCon 620Wp Glass-to-Glass (G12R) Solar PV Modules.
According to the company, the order is scheduled to be executed in October 2026.
Order Focuses on N-Type TOPCon Solar Modules
The latest order is specifically for N-Type TOPCon 620Wp Glass-to-Glass (G12R) Solar PV Modules.
TOPCon technology is part of the newer generation of high-efficiency solar cell technologies, while the Glass-to-Glass module configuration is designed for utility-scale and other demanding solar applications.
For Solex Energy, the order adds to its business in the manufacturing and supply of advanced solar photovoltaic modules.
Order from Domestic Power Sector Company
The customer has been described by Solex Energy as a domestic private limited company engaged in the power/electricity sector.
The company has not disclosed the customer’s name in the regulatory filing.
The order is classified as a domestic contract, and the terms and conditions will be governed by the specific order.
Execution Scheduled for October 2026
Solex Energy has stated that the order will be executed across October 2026.
With the execution scheduled within the coming months, the order provides the company with near-term business visibility in its solar module manufacturing operations.
The actual contribution to revenue and profitability will depend on the execution of the order and the applicable commercial terms.
No Promoter Interest or Related Party Transaction
Solex Energy has confirmed that its promoter, promoter group and group companies have no interest in the entity awarding the order.
The company has also stated that the work order does not constitute a related party transaction.
This means the order has been secured from an external domestic customer rather than a promoter-group entity.
Key Highlights of the Solex Energy Order
- Company: Solex Energy Limited
- Order value: ₹42.47 crore, including taxes
- Customer: Domestic private limited company in the power/electricity sector
- Nature of order: Manufacture and supply
- Product: N-Type TOPCon 620Wp Glass-to-Glass (G12R) Solar PV Modules
- Order type: Domestic
- Execution: Scheduled across October 2026
- Promoter/group interest: No
- Related party transaction: No
The ₹42.47 crore order strengthens Solex Energy’s order pipeline and provides additional business visibility for its solar PV module manufacturing operations.
The focus on N-Type TOPCon 620Wp Glass-to-Glass modules is also notable as the company continues to participate in India’s expanding solar manufacturing and renewable energy ecosystem.
For investors, the important factors to monitor will include order execution, future module orders, manufacturing capacity utilisation and the company’s ability to convert its order pipeline into revenue.
Solex Energy has secured a ₹42.47 crore work order for the manufacture and supply of N-Type TOPCon 620Wp Glass-to-Glass (G12R) Solar PV Modules.
The order has been awarded by a domestic private company operating in the power/electricity sector and is scheduled to be executed across October 2026.
The company has confirmed that there is no promoter or promoter-group interest in the customer and the transaction is not a related party transaction.
The latest order adds further visibility to Solex Energy’s solar module manufacturing business as demand for solar power infrastructure continues to expand.
Source: Solex Energy Limited regulatory disclosure dated August 13, 2026. This article is based on the information provided in the company’s filing and is for informational purposes only, not investment advice.