XL Telecom & Energy has bagged export orders amounting to Rs 19.7 crore for supply of solar panels in the European market. The order is for a large EPC comapny inEurope with at least 100 MW of potential projects under implementation.
This is trial order; once this order is successfully complete the company hopes to get the next level of contract closure to the extent of another Rs 750 million to Rs 1 billion in next few months.
XL Telecom is focussing on emerging grid connected solar solutions as against conventional standalone solar power systems. The company is engaged in manufacturing telecom products and solar photo-voltaic cells.
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