Insolation Energy Limited has achieved a significant milestone by securing two major contracts, reinforcing its position as a leader in the renewable energy sector. The company has been awarded a Letter of Award (LOA) by Rajasthan Renewable Energy Corporation Limited (RREC) for the design, supply, erection, testing, commissioning, and comprehensive operation and maintenance of rooftop solar projects on state government buildings in Jaipur, Dausa, and Churu. This 25-year contract under the Hybrid Annuity Mode is valued at ₹340.20 crores, marking a substantial addition to Insolation Energy’s growing portfolio.
Additionally, the company has received a purchase order from Teerth Gopicon Limited for the supply of 46,297 solar photovoltaic (SPV) MONO crystalline modules, amounting to ₹32 crores. The combined revenue from these contracts stands at ₹372.20 crores, further strengthening Insolation Energy’s market position.
This achievement is a testament to the company’s unwavering commitment to innovation, operational efficiency, and customer-centric solutions. The relentless efforts of the production, sales, and marketing teams have been instrumental in securing these prestigious projects. With a focus on expanding its customer base and optimizing working capital, Insolation Energy continues to drive sustainable growth in India’s renewable energy landscape.
