30 Oct 2025 | 3 Mins Read
Solex Energy plans Rs 500 crore public issue
Flipitmoney
Solex Energy plans to raise up to ₹1,500 crore through QIP and debt. Chairman Chetan Shah aims to complete the equity raise within three months, with a State Bank-led consortium financing the debt. The funds will support a 2.2 GW solar cell facility and 2.5 GW module capacity expansion, scaling up operations to 10 GW in both capacities by 2030.