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BOLD GREEN AMBITIONS

BW Businessworld

|

February 10, 2024

Alpex Solar seeks to capitalise on the PM Suryoday Yojana and intends to use the proceeds from its IPO towards expanding its solar capacity and backward integration of aluminium frames 

BOLD GREEN AMBITIONS

BEGINNING his career with Punjab Tractors in 1989, Ashwani Sehgal left the company, sensing the potential that green energy would have in India’s energy mix. In 1993, Sehgal started Alpex Solar which today boasts of being a leader in manufacturing of Solar Photovoltaic (PV) module and engineering, procurement and construction of Solar PV water pumps.

Banking on the spurt in green energy demand, especially in the solar segment, Alpex Solar is now gearing up to hit the stock market with its upcoming initial public offering on NSE Emerge in February 2024.

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