Solex Energy Share Price in Focus After Securing ₹276 Crore Work Order from Independent Power Producer

Solex Energy Limited has announced the receipt of a significant work order valued at ₹276 crore. The order, placed by a renowned independent power producer, involves the supply of N-Type TOPCon 615 Wp and 620 Wp Glass-to-Glass (G12R) Solar PV Modules. 

Details of the Work Order 

The work order awarded to Solex Energy is from a domestic entity, highlighting the company's growing presence in the Indian renewable energy sector.  

The contract involves the manufacture and supply of advanced solar PV modules, specifically the G12R TOPCon photovoltaic modules rated at 615/620 Wp. 

The execution of this order is scheduled to take place across February to May 2026. This timeline ensures that Solex Energy will be actively engaged in fulfilling the contract over the coming months. 

Financial Implications and Contract Size 

The total value of the work order is ₹276 crore, which includes all applicable duties and taxes. This substantial order underscores Solex Energy's capability to handle large-scale projects and its commitment to delivering high-quality solar solutions. 

Read More: RoadGrid Secures Funding to Fuel India’s 100 Million Electric Vehicle Ambition! 

Non-Related Party Transaction 

It is noteworthy that neither the promoter group nor any group companies of Solex Energy have any interest in the entity awarding the contract. Additionally, the transaction does not fall within the category of related party transactions, ensuring that it is conducted at arm's length. 

Solex Energy Share Price Performance 

As of January 12, 2026, at 3:30 PM, Solex Energy share price on NSE was closed at ₹1,110 down by 0.89% from the previous closing price. 

Conclusion 

Solex Energy's acquisition of a ₹276 crore work order from a domestic independent power producer marks a significant milestone for the company. The order, focused on the supply of N-Type TOPCon Solar PV Modules, is set to be executed from February to May 2026, further solidifying Solex Energy's position in the renewable energy sector. 

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