Solex Energy Limited has informed the Exchange about Revision in the earlier intimation dated January 12, 2026 for Bagging/Receiving of orders/contracts
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Solex Energy Limited has received a work order valued at ₹289.84 Crore (inclusive of all applicable taxes) from a renowned Independent Power Producer (IPP) for the supply of N-Type TOPCon 615 Wp and 620 Wp Glass-to-Glass (G12R) Solar PV Modules. This is a revised version of the company's earlier intimation dated January 12, 2026, where the order value was originally disclosed on an exclusive-of-taxes basis. The revision simply updates the figure to reflect the all-in contract value, not a change in the underlying order. Solex Energy is a Surat-based solar PV module manufacturer, and this order represents a sizable addition to its order book.
This is a material new order for Solex Energy that strengthens its revenue visibility, though it is a revision of the same January 12 disclosure rather than fresh business. The IPP customer is domestic, so there is no forex or export angle. Shareholders should note the large contract size relative to a small-cap solar module company, which could support earnings if executed on time.