Solex Energy wins Rs 276 crore order for N-type TOPCon modules
Author: PPD Team Date: January 13, 2026
Author: PPD Team Date: January 13, 2026
Solex Energy Limited has received a Rs 276 crore work order from a domestic independent power producer for the manufacture and supply of N-type Tunnel Oxide Passivated Contact (TOPCon) solar photovoltaic (PV) modules. The order provides additional visibility to the company’s order book.
According to a regulatory filing, the order covers the supply of 615 Wp and 620 Wp glass-to-glass (G12R) solar modules. Execution is scheduled between February and May 2026.
The contract value includes all applicable duties and taxes. Solex Energy has stated that the transaction does not involve any related-party dealings.
In November 2025, the company started commercial production at its 2.2 GW solar module facility in Surat.
The featured photograph is for representation only.
Author: PPD Team Date: October 25, 2024 NLC India Limited (NLCIL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to establish a 3×125 MW lignite-based thermal power plant in Rajasthan, along with developing lignite mines to fuel the station. The initial paid-up capital for this project is set at Rs 500,000, with NLCIL holding a 74% stake and RRVUNL holding 26%. In addition, NLC India Renewables Limited, a…
Author: PPD Team Date: December 19, 2024 Adani Energy Solutions Limited (AESL) established Adani Energy Solutions Step-Eleven Limited (AESSEL), a special purpose vehicle (SPV), on December 17, 2024. The SPV will focus on transmission, distribution, power supply, and other infrastructure services.
Author: PPD Team Date: October 29, 2024 Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, marking a 28.96% increase from Rs 177.5 million in the same quarter last year. The company’s total income rose by 13.76% to Rs 3,468.2 million, up from Rs 3,048.7 million in the corresponding period of the previous year, reflecting steady growth in its financial performance.
Author: PPD Team Date: September 5, 2025 The Union Cabinet has cleared a six-year, Rs 1,500 crore incentive scheme to boost domestic recycling of critical minerals from secondary sources. Part of the National Critical Mineral Mission, the scheme will support extraction from e-waste, lithium-ion battery scrap, and end-of-life vehicle parts. Incentives include a 20% capital subsidy for new and expanded units, and operating subsidies linked to sales. Large entities can claim up to Rs 50…
Author: PPD Team Date: September 22, 2025 KPI Green Energy Limited has issued India’s first externally credit-enhanced green bond on the National Stock Exchange, raising Rs 6.70 billion. The five-year bond carries an annual coupon of 8.5 per cent and has been rated AA+ by both CRISIL and ICRA. The bond is backed by a 65 per cent partial guarantee from GuarantCo, part of the Private Infrastructure Development Group, funded by several governments, including the…
Author: PPD Team Date: January 30, 2026 JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS. The transaction, with an enterprise valuation of approximately Rs 1,728 crore, was completed on January 29, 2026, after receiving the required regulatory approvals. Tidong Power is developing a 150 MW run of river hydroelectric project in the Tidong Valley in the…