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: June 13, 2025 The Competition Commission of India (CCI) has approved Havells India Limited’s proposal to acquire a minority equity stake in Goldi Solar Private Limited and full partnership interests in Vama Inverters LLP and Goldi Energy LLP. Havells will acquire less than 10 per cent of Goldi Solar’s issued and paid-up equity share capital. Concurrently, Goldi Sun Private Limited will acquire 100 per cent partnership stakes in both Vama Inverters…
Author: PPD Team Date: May 22, 2025 The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) will roll out rooftop solar installations on government-built properties using the renewable energy service company (RESCO) model. The initiative will begin with 3 MW of projects across identified sites, starting with a pilot at the Chandigarh Housing Board’s Sector 51 Housing Society. CREST has signed a memorandum of understanding after discussions with the local resident welfare association….
Author: PPD Team Date: December 3, 2024 Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy storage system in Gujarat. This project is part of GUVNL’s Phase-IV tariff-based global competitive bidding, supported by viability gap funding, aiming to enhance energy reliability and sustainability in the region. The project is expected to be completed within 18…
Author: PPD Team Date: November 26, 2024 Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71 billion. This marks a major step in the privatisation of power distribution in the union territory, following nearly three years of delays. CESC won the tender in 2021, emerging as the highest…
Author: PPD Team Date: February 26, 2025 India is evaluating a financial assistance plan for debt-laden state-run power distribution companies (DISCOMs) to maintain sector stability amid growing electricity demand, according to a Ministry of Power document cited by Reuters. A ministerial panel has been set up to determine which states require urgent funding, develop a fiscal discipline framework to prevent further debt accumulation, and explore ways to attract private investment. If approved, this would be…
Author: PPD Team Date: September 1, 2025 Reliance Industries Limited (RIL) announced that its New Energy business is advancing with the construction of the Dhirubhai Ambani Giga Energy Complex in Jamnagar. The project is planned as the world’s largest integrated ecosystem for solar, batteries, and green fuels. Executive Director Anant Ambani told shareholders at the company’s 48th Annual General Meeting (AGM) that the ecosystem would cover the entire value chain from raw materials to renewable…