Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited, has signed a significant Memorandum of Understanding (MOU) at the Rising Rajasthan Global Investment Summit 2024.
The MOU, valued at Rs. 10,000 crores, outlines a large-scale initiative in solar power generation, component manufacturing, EPC projects, and the development of solar parks across Rajasthan by 2030.
In the exchange filing, the company shared, “We wish to inform you that Insolation Green Energy Private Limited, a Wholly Owned Subsidiary of Insolation Energy Limited Signs an Memorandum of Understanding in Rising Rajasthan Global Investment Summit 2024 for Rs. 10,000 Crores for Solar Power Generation (IPP), Components Manufacturing, EPC Projects and Parks in Rajasthan by 2030.”
This partnership with the Government of Rajasthan will contribute to the state’s renewable energy growth, supporting the expansion of solar infrastructure and manufacturing capabilities. The project is expected to play a pivotal role in Rajasthan’s clean energy transformation, aligning with national sustainability goals.
