Aerpace Industries Limited, through its aerVolt project, has secured a significant order worth ₹97.50 crores for supplying 50 MWp of high-efficiency 595 Wp TOPCon smart solar panels. This milestone highlights aerVolt’s innovative solar technology and the trust it has earned from industry leaders.
Key Highlights:
- Revenue Impact: Adds ₹97.50 crores to the company’s FY 2025-2026 revenue.
- Operational Strength: Boosts cash flow and supports production scaling efforts.
Manufacturing and Delivery:
- Factory Setup: The 400 MWp solar panel facility will be completed by February 2025.
- Delivery Timeline: Panels will begin shipping from April 2025 as per client schedules.
In the meantime, Aerpace Industries’ shares closed today at Rs 42.45, reflecting a significant rise from the opening price of Rs 39.21. The stock reached an intraday high of Rs 42.97 and a low of Rs 39.20. Despite its recent performance, the stock remains below its 52-week high of Rs 60.00 but far above its 52-week low of Rs 4.91
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Aerpace Industries