Latest news with #AlpexSolarLimited
Business Upturn
25-04-2025
- Business
- Business Upturn
Alpex Solar secures Rs 65.33 crore order from HAREDA for 2,119 solar water pumps
By Aditya Bhagchandani Published on April 25, 2025, 15:03 IST Alpex Solar Limited has been awarded a significant order worth ₹65.33 crore by the Haryana Renewable Energy Development Agency (HAREDA) under Component-B of the PM-KUSUM Scheme. The contract involves the supply, installation, and commissioning of 2,119 solar water pumping systems. According to the official communication with exchanges, the project is classified as a domestic commercial order and is scheduled to be completed within 120 days from the issuance of the work order. The company clarified that there is no related party interest in this contract and it falls under standard arm's length arrangements. This order comes as a positive development for Alpex Solar, strengthening its position in the renewable energy segment and reinforcing its commitment to supporting sustainable agricultural practices through clean energy solutions. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
23-04-2025
- Business
- Business Upturn
Alpex Solar secures Rs 380.5 crore solar module order from leading manufacturer, project to be completed by March 2026
By Aditya Bhagchandani Published on April 23, 2025, 10:22 IST Alpex Solar Limited has announced a significant commercial breakthrough by securing a prestigious domestic order worth Rs 380.52 crore (including GST) from a leading manufacturer. The project involves the supply of solar modules and is scheduled for completion by March 2026. In a regulatory filing, the company stated, 'We are glad to inform that our company, Alpex Solar Limited, has been awarded with a prestigious order for the supply of solar modules amounting to Rs 380.52 crore from a leading manufacturer.' The order, classified as a commercial contract from a domestic entity, will be executed under the standard terms of the work order. Alpex clarified that the promoter group has no interest in the awarding entity and that this does not fall under related party transactions. This development marks another major milestone in Alpex's growth trajectory and highlights its expanding influence in India's renewable energy sector. The company continues to play a key role in advancing solar infrastructure in the country, strengthening its position as a trusted solar module supplier and EPC solutions provider. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
