XL Telecom & Energy has bagged export orders worth Rs 19.7 crore for supply of solar panels in the European market. The customer is a large EPC comapny in Europe with at least 100 MW of potential projects under implementation. XL telecom is focussing on emerging grid connected solar solutions as against conventional standalone solar power systems.
The company expects to receive further orders of Rs 750 million to Rs 1 billion in next few months.