Solex Energy Limited has recently informed exchanges that the company bagged a work order from Sprng Energy Private Limited, an affiliate of the globally renowned Shell Group. This contract, valued at ₹1,500 million (inclusive of duties and taxes), involves the supply of 100 MW N-type TOPCON 585/590 Wp Modules.
Key Details of the Work Order:
- Awarding Entity: Sprng Energy Private Limited (Shell Group affiliate).
- Nature of Order: N-type TOPCON solar modules.
- Order Value: ₹1,500 million.
- Execution Timeline: Scheduled for completion by June 2025.
- Category: Domestic contract.
This milestone underscores Solex Energy Limited’s commitment to innovation and sustainability in the renewable energy sector.
In the meantime, Solex Energy shares closed at ₹1,355.50 on December 27. The stock witnessed a day’s high of ₹1,375.00 and a low of ₹1,343.00. Over the past year, the share has seen a significant range, with a 52-week low of ₹332.00 and a high of ₹1,786.70.
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Solex Energy