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Insolation Green Energy Secures ₹733.04 Crore Solar Module Deal

Written by: Team Angel OneUpdated on: Mar 19, 2025, 2:53 PM IST
Insolation Energy Ltd has received two major orders from KPI Green Energy Limited for the supply of Solar PV Modules. These new deals are expected to contribute to its revenue and reinforce its position in the renewable energy sector.
Insolation Green Energy Secures ₹733.04 Crore Solar Module Deal
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Insolation Green Energy Private Limited, a company focused on manufacturing high-quality solar power solutions, secured its biggest order worth ₹733.04 crores.

Major Business Achievement

Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has won its biggest purchase order. The order is worth ₹733.04 crores and involves supplying Solar PV Modules.  

Details of the Purchase Order

The company received two major orders from KPI Green Energy Limited. The first order is valued at ₹513.13 crores for the supply of Solar PV Module N Type BI Facial (G to G) for a project at GUVNL. The second order is worth ₹219.91 crores for the same product under GUVNL Phase-2. Both deliveries will take place from June 2025 to March 2026.  

Earlier, the company also received a ₹372.20 crore contract from Rajasthan Renewable Energy Corporation Limited and Teerth Gopicon Limited for solar module supply under the Hybrid Annuity Model.  

Impact on the Company

These orders are expected to increase the company’s revenue and strengthen its position in the market. The achievement highlights the efforts of its production, sales and marketing teams. The company continues to focus on improving efficiency, managing resources effectively and reaching more customers.  

Share performance 

As of March 19, 2025, at 10:30 AM, the shares of Insolation Energy Ltd are trading at ₹269.95 per share, reflecting a surge of 5.24% from the previous day’s closing price. Over the past month, the stock has registered a profit of 19.53%. The stock’s 52-week high stands at ₹475 per share, while its low is ₹123.62 per share.

Conclusion

This achievement highlights the company’s growth and commitment to renewable energy. The efforts of its production, sales and marketing teams have played a key role in securing these contracts. With a focus on efficiency and expansion, Insolation Green Energy continues to make progress in the solar power sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 19, 2025, 2:53 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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