Insolation Energy’s wholly owned subsidiary, Insolation Green Energy, secured multiple orders worth Rs 516.05 crore for the supply of Solar PV Modules.
The company shared the details of the orders in its regulatory filing.
Order details: Rs 357 crore Topcon order, Rs 159 crore KUSUM modules
Insolation Green Energy received an order worth Rs 357 crore for the supply of Solar PV Module N Type Topcon from a well-known independent power producer (IPP).
The company has also been awarded purchase orders totaling Rs 159.05 crore for the supply of Solar PV modules to multiple companies. These modules will be used for projects under the PM KUSUM scheme at various locations across Andhra Pradesh.
According to the company, the combined revenue addition from these orders stands at Rs 516.05 crore. The orders are domestic in nature and are scheduled to be executed in the financial year 2025–27.
Share price of Insolation Energy
The share price of Insolation Energy decreased 62.44% so far this year.