Two work orders worth ₹194.14 crore for TOPCon solar PV modules

Solex Energy and its wholly owned subsidiary Solex Green Energy have secured two work orders aggregating ₹194.14 crore, inclusive of applicable taxes.

Tue 6 Oct 2026

Combined work order value

₹194.14 crore, inclusive of applicable taxes

Subsidiary order value

₹180.98 crore, inclusive of applicable taxes

Company order value

₹13.16 crore, inclusive of applicable taxes

Two work orders, one group

• Solex Green Energy Private Limited, a wholly owned subsidiary, has secured a work order valued at ₹180.98 crore (Rupees One Hundred Eighty Crore and Ninety Eight Lakh Only), inclusive of applicable taxes, for the supply of TOPCon Bifacial Glass to Glass (G2G) Solar PV Modules.
• Separately, Solex Energy Limited has secured a work order valued at ₹13.16 crore (Rupees Thirteen Crore and Sixteen Lakh Only), inclusive of applicable taxes, for the supply of TOPCon Bifacial Glass to Glass Solar PV Modules.
• Together the two work orders aggregate to ₹194.14 crore, inclusive of applicable taxes.

Who the orders are for

• The supply is to domestic entities operating in the power and electricity sector.
• The product is described as advanced TOPCon solar PV modules.

What the company says about the orders

• The company states that the two orders reinforce the growing business momentum across the Solex Group and strengthen its position as a supplier of high performance solar PV modules for India's renewable energy ecosystem.
• It adds that the orders build the Group's order pipeline as Solex scales its manufacturing capabilities and expands its presence across the solar value chain.

About the manufacturing

• Solex manufactures its solar modules at facilities on the outskirts of Surat, Gujarat, with a focus on advanced manufacturing processes, quality systems and product reliability.
• The update describes an Industry 4.0 enabled, fully automated manufacturing facility at Tadkeshwar, Gujarat, with a production capacity of 4 GW for photovoltaic modules.
• Its modules are certified to IEC, CE, UL, CEC, BIS, EPD and Kiwa PVEL 2026, and are listed under the Ministry of New and Renewable Energy's Approved List of Models and Manufacturers (ALMM).

Background the company highlights

• Close to three decades of presence in the solar sector, with partnerships across utility, commercial, industrial and public sector installations in India and international markets.
• Under its Vision 2030 roadmap, the company is focused on expanding manufacturing scale, strengthening quality and technology capabilities, enhancing export readiness and developing a skilled sector workforce.

The numbers to remember

• Combined work orders: ₹194.14 crore, inclusive of applicable taxes.
• Subsidiary's order: ₹180.98 crore, inclusive of applicable taxes.
• Company's own order: ₹13.16 crore, inclusive of applicable taxes.
• Module manufacturing capacity: 4 GW.

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