Aerpace Industries Limited, under its key renewable energy initiative, aerVolt, has secured a significant order for the supply of 100 MWp high-efficiency 595 Wp TOPCon technology smart solar panels. Valued at ₹136.55 crore, the order highlights the company’s commitment to providing cutting-edge solar solutions and marks a major milestone in its expansion.
Significance of the Order:
- Revenue Impact: The order will contribute ₹136.55 crore to Aerpace’s revenue for FY 2025-26.
- Enhanced Cash Flow: With scaling production, the company aims to improve liquidity and operational efficiency.
Production and Delivery Timeline:
- The factory installation of the 400 MWp solar panel manufacturing facility is on schedule for completion between February and March 2025.
- Delivery of the panels will commence in April 2025 as per client-specific work orders.
Aerpace noted that this achievement highlights the growing demand for high-efficiency solar products and reinforces its role in India’s renewable energy growth. Neha Mankame, the Company Secretary, expressed gratitude towards stakeholders for their continued trust as the company aims for sustainable growth through innovation and expansion.
