Alpex Solar Secures Rs 10.7 Bn in New Solar Contracts

21 May 2025 CW Team

Greater Noida-based Alpex Solar on Thursday announced it has secured contracts totalling Rs 10.7 billion from multiple entities, including the Central Mine Planning and Design Institute Ltd (CMPDIL), a subsidiary of Coal India, and the Haryana Renewable Energy Development Agency.

In consortium with NVNR Power & Infra Ltd, Alpex bagged a Rs 3.5 billion contract from CMPDIL for the design, engineering, procurement, construction, and commissioning of a grid-connected solar power plant at Nandan Washery in Maharashtra. Alpex holds a 70 per cent stake in the consortium, which will also build a 32kV double-circuit transmission line and perform related bay extension works.

Additionally, the company has secured:

1. A Rs 2.1 billion order from the Solar Energy Corporation of India (SECI) for solar module supply

2. A Rs 3.78 billion contract from an industry player for solar PV modules

3. A Rs 653 million order from Haryana Renewable Energy Development Agency for 2,119 solar water pumps

4. Another Rs 3.8 billion agreement signed in April 2025 for module supply

Managing Director Ashwani Sehgal said, “These wins reinforce our capabilities and position us as a leading EPC player in the solar industry.”

The company continues to strengthen its foothold in India’s renewable energy sector, aligning with the national push for clean energy solutions.

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