Archive · 16 Dec 2025
ION Exchange Secures ₹205 Crore Water Contracts
ION Exchange, a company that makes systems to clean water, got two big orders worth ₹205 crore.
One order is from Rayzon Energy for a solar project in Gujarat.
The other is from INOX Solar for a solar cell factory in Odisha.
These orders are for special water cleaning systems.
The company's stock price went up by 8.79% on the day they announced this news.
They have to finish both projects in 9 to 10 months.
The projects include systems for ultra-pure water, effluent treatment plants, and zero liquid discharge systems.
The stock price increase shows that investors are happy, but the company now has to work hard to complete the projects on time.
ION Exchange secured ₹205 crore contracts from Rayzon Energy and INOX Solar for water treatment systems.
Rayzon Energy contract is ₹95 crore for a 5.1 GW PV Solar project in Gujarat.
INOX Solar contract is ₹110 crore for a facility in Odisha.
Both projects to be completed within 9-10 months.
ION Exchange's stock price increased by 8.79% following the announcement.
- Who
- ION Exchange (India) Ltd, Rayzon Energy, INOX Solar
- What
- Secured water treatment contracts
- When
- December 15, 2023
- Where
- Gujarat and Odisha, India
- Why
- For solar manufacturing projects
Positive Market Reaction
Project Execution Challenges
Stock Price Increase
Positive Market Reaction
The stock price increased by 8.79%, indicating positive market sentiment.
Project Execution Challenges
High stock price may create pressure to meet project deadlines and performance standards.
- Company
- ION Exchange (India) Ltd
- Contract Value
- ₹205 crore
- Clients
- Rayzon Energy, INOX Solar
- Project Locations
- Gujarat, Odisha
- Execution Time
- 9-10 months
- Stock Price Change
- 8.79% increase
- Stock Price
- ₹382 on NSE
Sources
ION Exchange wins ₹205-crore water treatment contracts from Rayzon Energy, INOX Solar
Ion Exchange shares in focus today on Rs 205 crore contract win, more details
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