Solex Energy Limited — New Orders, 28-12-2024: Awarding of order(s)/contract(s)

Solex Energy Limited has received a significant work order from Sprng Energy Private Limited, an affiliate of Shell Group, for the supply of 100 MW N-type TOPCON 585/590 Wp modules. The order is valued at ₹1,500 million (150 Cr), inclusive of all duties and taxes, with an expected completion date by June 2025. This partnership not only strengthens Solex’s market position but also enhances its revenue potential. The project aligns well with the growing demand for renewable energy solutions, presenting a positive outlook for the company's growth trajectory. Investors should monitor this development closely as it could lead to increased operational momentum and financial performance.