Tanfac Industries Secures Rs 7.32 Billion Contract For Solar-Grade Hydrofluoric Acid Supply

Strategic Win Strengthens Tanfac’s Role In Clean Energy Supply Chain  

Tanfac Industries Ltd, a leading player in the fluorochemicals sector, has announced the acquisition of a Rs 7.32 billion contract to supply solar-grade diluted hydrofluoric acid. This chemical is a critical input in the production of solar photovoltaic cells, making the deal a significant boost for India’s renewable energy ambitions.

The contract is expected to span multiple years and will involve high-purity chemical production tailored to meet solar industry specifications. Tanfac’s manufacturing capabilities and quality assurance protocols were key factors in securing the deal, which aligns with the government’s broader push for domestic solar component manufacturing under the Production Linked Incentive (PLI) scheme.

This development not only enhances Tanfac’s revenue visibility but also reinforces its strategic positioning in the clean energy ecosystem. The company is expected to ramp up production capacity and invest in process optimization to meet delivery timelines and quality benchmarks.

Important Points  

- Contract value: Rs 7.32 billion  
- Product: Solar-grade diluted hydrofluoric acid  
- Application: Used in solar photovoltaic cell manufacturing  
- Supports India’s clean energy and PLI goals  
- Tanfac to scale production and enhance quality systems  

Sources: Business Standard, Moneycontrol, Economic Times, Tanfac Industries Regulatory Filings