Alpex Solar secures fresh order worth Rs 34.51 crore
Alpex Solar Ltd (ALPEXSOLAR), an integrated solar energy solutions provider, has secured a fresh order valued at Rs 34.51 crore, solidifying its position as a leading player in India's solar energy sector. The latest contract is for the supply of 1,141 solar pumps to the Haryana Renewable Energy Department (HAREDA) under Component-B of the PM-KUSUM scheme. This follows the company's recent success in securing two major orders worth Rs 525.15 crore from prominent public sector undertakings (PSUs) for the supply of solar panels, bringing the total order value to Rs 559.66 crore in just two months. The order from HAREDA is expected to be completed within 120 days from the issuance of the work order.
Commenting on the new order, Ashwani Sehgal, Managing Director of Alpex Solar, said, “This latest contract from HAREDA under the PM-KUSUM scheme is a significant achievement for Alpex Solar. By delivering 1,141 solar pumps, we are directly supporting farmers in Haryana with dependable energy solutions while also contributing to India’s renewable energy goals. This win, along with our recent orders worth Rs 525.15 crore, reaffirms the strength of our solutions and our ability to deliver large-scale, high-quality solar products. We are eager to complete this order and expand our photovoltaic module production capacity to 2.4 GW, further supporting India’s solar infrastructure.”
Sehgal further emphasized that solar pumps present a sustainable and cost-effective solution for India’s irrigation needs. Farmers traditionally depend on diesel pumps or grid electricity for water, both of which have their limitations. Solar pumps, powered by renewable energy, provide a reliable, eco-friendly alternative, especially in regions with limited access to electricity. These pumps also reduce operational costs by eliminating fuel expenses and contribute to reducing carbon emissions, aligning with India’s broader environmental objectives.
Alpex Solar Ltd, a key player in the renewable energy sector, manufactures PV modules using monocrystalline and polycrystalline cell technologies. The company offers comprehensive solar solutions, including engineering, procurement, and construction (EPC) services for both AC/DC surface and submersible solar pumps. Alpex is also expanding its photovoltaic module production capacity with plans to double it to 2.4 GW.
