Alpex Solar secures Rs 65.33 crore order from HAREDA for 2,119 solar water pumps
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.
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