In a significant milestone, Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy, has secured its highest-ever single sale order, amounting to ₹733.04 crore for the supply of Solar PV Modules. The order was placed by KPI Green Energy Limited for their projects under the Gujarat Urja Vikas Nigam Limited (GUVNL).
The details of the purchase orders are as follows:
- A ₹513.13 crore order, including GST, for supplying N-Type Bi-Facial (G to G) Solar PV Modules for KPI Green Energy’s GUVNL project. Deliveries will take place between June 2025 and March 2026.
- A ₹219.91 crore order, including GST, for supplying the same modules for GUVNL Phase-2. The delivery timeline remains the same, from June 2025 to March 2026.
This latest order follows an earlier Letter of Award (LOA) worth ₹372.20 crore received from Rajasthan Renewable Energy Corporation Limited and Teerth Gopicon Limited for supplying solar modules under the Hybrid Annuity Model.
The achievement highlights Insolation Energy’s robust market position and commitment to operational excellence. The company attributes this success to the collective efforts of its production, sales, and marketing teams, whose dedication and expertise have played a crucial role in driving growth. Additionally, this milestone reflects Insolation Energy’s strategic approach to optimizing working capital, enhancing operational efficiency, and expanding its customer base.
With this order, Insolation Green Energy continues to strengthen its presence in the renewable energy sector, further solidifying its role in India’s clean energy transition.
