Solex Energy wins Rs 4.5 billion solar module supply contract

Solex Energy Limited has secured a contract worth Rs 4,514.09 million from KPI Green Energy Limited. The contract involves the supply of N-Type TOPCon Glass-to-Glass (G12R) solar photovoltaic (PV) modules with a rated capacity of 615 Wp.

These modules will support the development of 310 MW solar PV projects in India. The agreement was finalised on May 7, 2025.

Solex is expected to begin module deliveries from September 2025. The modules are reportedly intended for KPI Green’s Gujarat Urja Vikas Nigam Limited (GUVNL) projects, which are part of the company’s independent power producer (IPP) portfolio.