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[BUSINESS] · India · 3 sources

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Simplex Infra and Solex Energy secure major industrial work orders

Simplex Infrastructures Limited has been awarded a contract worth approximately Rs 255.52 crore by Oil India Limited for oil drilling services. The Kolkata-based firm, which primarily focuses on infrastructure projects like roads and railways, noted that this order represents about 87% of its total revenue from the April to June quarter. This recent win brings the company's total fresh orders for the current financial year to roughly Rs 1,175 crore.

Separately, Solex Energy has secured a work order valued at Rs 75.96 crore from a domestic power and electricity sector company. The contract involves the supply of N-type TOPCon G12R glass-to-glass solar modules, rated at 620 Wp. These modules will be manufactured at the company's automated facility located near Surat, Gujarat. Solex Energy maintains a photovoltaic module production capacity of 4 GW and holds certifications from various global and national standards.

Entities

Oil India Limited · Simplex Infrastructures Limited · Solex Energy