Alpex Solar Ltd will set up a 1.2 GW solar module manufacturing facility in Mathura, boosting its total module production capacity to 3.6 GW. The company’s board has approved the ₹110 crore investment, with operations expected to begin by FY2026-27.
Scaling Capacity for Long-Term Growth
“Our performance in Q1 FY26 reflects the resilience of our business model and the growing demand for sustainable energy solutions,” said Ashwani Sehgal, Managing Director, Alpex Solar Ltd. “With strong execution capabilities, a growing order book, and favourable policy support, we are focused on scaling operations, improving efficiency, and delivering lasting value to stakeholders. Our goal is to strengthen our position as an integrated solar module and cell manufacturer,” Sehgal added.
Strong Order Book Supports Expansion
For FY26, Alpex Solar has secured orders worth ₹1,555.03 crore. Key contracts include:
*₹45 crore from MSEDCL for 2,000 solar water pumps under the Magel Tyal Saur Krushi Scheme.
*₹210.71 crore from SECI for high-efficiency solar PV modules.
*₹65.33 crore from HAREDA.
*₹244.99 crore from CMPDIL, representing a 70% share of a ₹349.99 crore tender.
*Additional ₹989 crore in contracts from three leading manufacturers.
Positioned for Sustained Momentum
As reported by etenergyworld.com, with this capacity expansion, a robust pipeline of projects, and supportive policy conditions, Alpex Solar aims to sustain its growth trajectory and play a key role in advancing India’s renewable energy goals.
