Alpex Solar reported a mixed Q1 FY27 performance, with consolidated revenue from operations rising 32.4% year-on-year to Rs 503.42 crore, while profit after tax (PAT) declined 5.7% to Rs 39.87 crore. Revenue was Rs 380.32 crore in Q1 FY26 but fell 25.1% sequentially from Rs 671.96 crore in Q4 FY26. PAT also declined from Rs…
Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as part of the upgrade. The total capital expenditure for the expansion and technology transition is estimated…
Alpex Solar Limited has raised about Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The company said the funds will be directed toward scaling up its module manufacturing capacity and progressing toward integrated solar cell and module production. The preferential issue drew interest from several institutional investors and funds, including…
Alpex Solar Private Limited has secured a contract worth Rs 3,805.2 million for the supply of high-efficiency solar modules for a large-scale solar power project in India. The contract was awarded on April 23, 2025. The modules are scheduled to be delivered by March 2026. Alpex Solar manufactures photovoltaic (PV) modules using both monocrystalline and…
Alpex Solar Private Limited has secured a Rs 2.11 billion contract from the Solar Energy Corporation of India (SECI) to supply 97.5 MWp of Domestic Content Requirement (DCR) solar PV modules for a 300 MW/390 MWp project in Ramagiri, Andhra Pradesh. This contract is part of SECI’s 1,200 MW CPSU (Tranche-III) scheme, aimed at developing…
Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme. The pumps will be manufactured at Alpex Solar’s facility in Greater Noida, which has recently expanded to a 1,200 MW capacity. Founded in 1993,…