SWELECT Energy Systems Commissions 5 MW Solar Power Plant in Tamil Nadu for AAI Project

1 min read     Updated on 03 May 2026, 01:00 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

SWELECT Energy Systems Limited commissioned a 5 MW solar power plant at Perumpoondi and Nedumpirai Village, Tamil Nadu on May 2, 2026. The facility connects to Sirungattur 110/33-11 KV TANTRANSCO substation and supplies power to Airport Authority of India's Chennai Airport through third-party power sale model via intra-state open access. This commissioning completes 10 MW total capacity for the AAI project, marking a significant achievement in the company's renewable energy portfolio.

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Swelect energy systems has achieved a significant milestone in its renewable energy portfolio with the successful commissioning of a 5 MW solar power plant in Tamil Nadu on May 2, 2026. The facility represents a major step forward in the company's commitment to sustainable energy solutions and strengthens its position in the solar power sector.

Project Location and Infrastructure

The solar power plant has been strategically established across two villages in Tamil Nadu's Tiruvannamalai District. The facility spans locations in Perumpoondi and Nedumpirai Village within Cheyyar Taluk, providing optimal conditions for solar energy generation.

Parameter: Details
Capacity: 5 MW
Location: Perumpoondi and Nedumpirai Village
District: Tiruvannamalai, Tamil Nadu
Taluk: Cheyyar
Connection Point: Sirungattur 110/33-11 KV TANTRANSCO SS
Voltage Level: 110 KV

Power Supply Arrangement

The energy generated from this solar facility will be supplied to Airport Authority of India (AAI) for Chennai Airport operations. The power delivery mechanism follows a third-party power sale model, utilizing intra-state open access within Tamil Nadu's electricity grid system. This arrangement ensures efficient power transmission while supporting the airport's energy requirements through clean, renewable sources.

Project Milestone Achievement

With this latest commissioning, SWELECT Energy Systems Limited has successfully completed 10 MW of total capacity for the AAI project. This achievement demonstrates the company's capability to execute large-scale renewable energy projects and meet committed delivery timelines for institutional clients.

Project Metrics: Details
Current Commissioning: 5 MW
Total AAI Project Capacity: 10 MW
Client: Airport Authority of India
End User: Chennai Airport
Supply Model: Third Party Power Sale
Access Type: Intra State Open Access

The successful commissioning reinforces the company's operational excellence in solar power plant development and its growing presence in Tamil Nadu's renewable energy landscape. The project contributes to India's broader renewable energy objectives while providing sustainable power solutions for critical infrastructure facilities.

Historical Stock Returns for SWELECT Energy Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+5.55%+3.63%+39.45%-13.71%+17.12%+240.09%

Will Swelect Energy Systems expand its partnership with AAI to supply renewable energy to other major airports across India?

How might this successful project positioning influence Swelect's bidding strategy for upcoming government renewable energy tenders?

What impact could the third-party power sale model have on Swelect's revenue predictability and long-term contract pipeline?

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SWELECT Energy Systems Opens Special Window for Physical Share Transfer and Dematerialisation

1 min read     Updated on 17 Apr 2026, 07:47 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

SWELECT Energy Systems Limited has opened a special one-year window from February 05, 2026 to February 04, 2027 for transfer and dematerialisation of physical shares with transfer deeds executed prior to April 01, 2019. Following SEBI circular guidelines, the company published newspaper advertisements on April 17, 2026 and filed necessary disclosures with stock exchanges. Eligible shareholders can submit requests through Cameo Corporate Services Limited, with transferred shares to be credited in dematerialised form only, subject to a one-year lock-in period.

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SWELECT Energy Systems Limited has announced the opening of a special window for transfer and dematerialisation of physical shares, providing shareholders with an opportunity to regularise their holdings under new SEBI guidelines.

Special Window Details

The company has opened a special one-year window from February 05, 2026 to February 04, 2027 for transfer and dematerialisation of physical shares. This initiative follows the SEBI Circular No. HO/38/13/12/2026-MIRSD-POD/UD/3750/2026 dated January 30, 2026.

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Applicable For: Transfer deeds executed prior to April 01, 2019
Transfer Mode: Dematerialised form only
Lock-in Period: One year from date of registration

Eligible Categories

The special window covers two main categories of shareholders:

  • Fresh lodgement cases: Investors with transfer deeds executed prior to April 01, 2019
  • Previously rejected cases: Transfer requests earlier rejected, returned, or not attended due to deficiencies in documents or processes

All transferred shares will be credited to the transferee only in dematerialised form and will be subject to a lock-in period of one year from the date of registration of transfer, as per SEBI guidelines.

Public Notice and Compliance

SWELECT Energy Systems published newspaper advertisements on April 17, 2026 in all editions of Financial Express (English) and Makkal Kural (Tamil) to inform shareholders about this special window. The company filed the necessary disclosure with BSE Limited (Scrip Code: 532051) and National Stock Exchange of India Limited (Scrip Code: SWELECTES) on the same date.

Processing Through Registrar

Eligible shareholders can submit their transfer and dematerialisation requests to the company's Registrar and Share Transfer Agent:

Contact Details: Information
Registrar: Cameo Corporate Services Limited
Address: Subramaniam Building, No. 1, Club House Road, Chennai - 600 002
Phone: 044-4002 0700
Email: investor@cameoindia.com
Website: https://wisdom.cameoindia.com

Detailed guidelines are available on the company's website at https://swelectes.com . The disclosure has also been uploaded on the company's website, along with a copy of the relevant SEBI circular for reference.

Company Leadership

The announcement was signed by R Chellappan, Whole-time Director and Vice Chairman (DIN: 00016958), and J Bhuvaneswari, Company Secretary (Membership No. A25193). The company emphasises that this notice is issued for the information of shareholders and in compliance with SEBI regulations.

Historical Stock Returns for SWELECT Energy Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+5.55%+3.63%+39.45%-13.71%+17.12%+240.09%

How might the one-year lock-in period affect SWELECT's stock liquidity and trading volumes during 2026-2027?

Will other listed companies follow SWELECT's approach in implementing similar special windows for physical share transfers?

What impact could the dematerialization drive have on SWELECT's shareholder base composition and institutional investor interest?

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1 Year Returns:+17.12%