Insolation Green Energy, a fully owned subsidiary of Insolation Energy Limited, has awarded a purchase order of R 208.32 crore to Zetwerk Manufacturing Business Private Ltd for the delivery of 550 Wp SPV Modules. The order is planned to be carried out in fiscal year 2024-25. The transaction is not considered a related party transaction.
Key Highlights of the Contract
- Contractor: Zetwerk Manufacturing Business Private Ltd
- Significant terms and conditions of order: Supply 550 Wp SPV Modules
- Contract Value: ₹208,31,97,917 (inclusive of GST)
- Nature of Contract: Supply of Solar Photovoltaic (SPV) Modules
- Execution Timeline: The order is expected to be executed within the fiscal year 2024-25
- Order Type: Domestic contract awarded within India
