Alpex Solar Ltd has entered into a definitive supply agreement with TP Solar Ltd for the procurement of solar cells with a cumulative capacity of at least 300 megawatts. The agreement is aimed at strengthening Alpex’s supply chain and supporting its ongoing expansion in solar module manufacturing.
In an official statement, Alpex Solar noted, “This long-term arrangement will reinforce supply chain reliability, bolster manufacturing capabilities, and align with our strategic roadmap for operational growth and enhanced market presence.”
The partnership is expected to ensure smooth and timely delivery of solar modules to key public sector clients, including the Solar Energy Corporation of India (SECI), Central Mine Planning and Design Institute (a Coal India subsidiary), NTPC, and Singareni Collieries Company Ltd. This collaboration will also provide production continuity until Alpex’s in-house solar cell manufacturing unit at KosiKothwan becomes operational later this fiscal year.
Alpex Solar was founded in 1993 by Ashwani Sehgal, Monica Sehgal, and Vipin Sehgal. The company specializes in the production of PV modules using monocrystalline and polycrystalline technologies. Their product range includes Topcon, bifacial, mono-perc, and Halfcut solar PV modules. Additionally, Alpex Solar provides comprehensive solutions, including engineering, procurement, and construction (EPC) of both surface and submersible solar pumps.
TP SOLAR, a key player in India’s energy sector and part of the Tata Group, operates a diverse 15.6 GW portfolio across the power generation, transmission, distribution, and solar manufacturing sectors. As a leader in the country’s clean energy transformation, Tata Power generates 6.7 GW of clean energy, accounting for 43% of its total capacity. The company is committed to achieving carbon neutrality by 2045 and has formed numerous partnerships across the public and private sectors to advance India’s energy goals, serving approximately 12.5 million customers nationwide.
