Published On:March 20 2025
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Insolation Green Energy Secures Record ₹733.04 Crore Single Sale Order.
Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited, has secured a purchase order worth ₹733.04 crore for the supply of N-Type Bifacial Solar PV Modules from KPI Green Energy Limited. The modules will be supplied for projects under Gujarat Urja Vikas Nigam Limited (GUVNL) in two phases.
The first order, valued at ₹513.13 crore, will cater to KPI Green Energy’s project at GUVNL, with deliveries scheduled from June 2025 to March 2026. The second order, worth ₹219.91 crore, is for GUVNL Phase-2, with the same delivery timeline.
This latest deal follows a ₹372.20 crore Letter of Award (LOA) received from Rajasthan Renewable Energy Corporation Limited and Teerth Gopicon Limited for solar module supply under the Hybrid Annuity Model.
Insolation Energy credited its growth to the collective efforts of its production, sales, and marketing teams, highlighting a strategic focus on operational efficiency, working capital optimization, and an expanding customer base.
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