Solar Industries India Limited has been awarded a substantial order worth INR 483 Crores from South Eastern Coalfields Limited (SECL). The order entails supplying bulk explosives to SECL, a subsidiary of Coal India Limited. The contract is scheduled to be fulfilled over a period of 2 years, bolstering Solar Industries’ position in the explosives market.
Significant Order Secured
Solar Industries India Limited has announced a major contract win from South Eastern Coalfields Limited (SECL). The order, valued at INR 483 Crores, is for the supply of bulk explosives. This new business will positively impact Solar Industries’ revenue stream over the next two fiscal years.
Contract Details and Timeline
The contract stipulates that Solar Industries will supply bulk explosives to SECL, which is a subsidiary of Coal India Limited. The supply is intended to be delivered over a period of 2 years. The order was officially received and acknowledged on October 8, 2025. This award underscores Solar Industries’ strong relationship with key players in the coal industry.
Financial Outlook
The INR 483 Crores order will materially contribute to Solar Industries’ top line. This win supports the company’s growth strategy and strengthens its market position as a leading supplier of explosives to the mining sector. The long-term agreement with SECL ensures predictable revenue and reinforces Solar Industries’ financial stability.
Source: BSE
