Insolation Energy secures landmark contract worth ₹500.50 crore from Rajasthan Renewable Energy Corporation

Insolation Energy Ltd. has been awarded its largest single contract to date, valued at ₹500.50 crore by Rajasthan Renewable Energy Corporation Ltd (RREC). The contract encompasses the design, supply, erection, testing, and commissioning of rooftop solar (RTS) photovoltaic projects across state government buildings in Rajasthan, including Ajmer, Jaipur, and Kota. The project also includes a 25-year operation and maintenance agreement valued at ₹140.37 crore, bringing the total project value to ₹640.87 crore.

The company will deploy machinery from its current fleet alongside specialized tools and a skilled workforce to execute this large-scale project. With an additional ₹208.32 crore order from Zetwerk Manufacturing, the combined project values amount to ₹708.82 crore, surpassing the company’s entire H1 FY2024-25 sales.

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This achievement reflects Insolation Energy’s strategic focus on enhancing operational efficiency, optimizing working capital, and expanding its customer base.

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