Insolation Energy Secures Rs.733.04 Crore Order for Solar PV Modules. Stock rise 8%

 Summary:

Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy, has secured its highest-ever single sale order worth Rs.733.04 crore for the supply of Solar PV Modules.

Stock Performance:

  • Insolation Energy’s stock surged 8%, reaching an intraday high of Rs.276.95 following the announcement.
  • Market Cap: Rs.5,988.92 Cr.


Key Data Points:

  • Company: Insolation Green Energy Pvt. Ltd. (Subsidiary of Insolation Energy)
  • Order Value: Rs.733.04 Crore (Including GST)

  • Order Breakdown:

    • Rs.513.13 Crore Order (Including GST)

      • Buyer: KPI Green Energy Limited
      • Product: N-Type BI Facial (Glass-to-Glass) Solar PV Modules
      • Project: GUVNL

    • Rs.219.91 Crore Order (Including GST)

      • Buyer: KPI Green Energy Limited
      • Product: N-Type BI Facial (Glass-to-Glass) Solar PV Modules
      • Project: GUVNL Phase-2
      • Executed through Insolation Green Energy (subsidiary)

About the Company:

Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's 200 MW SPV Module manufacturing unit is located in Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery.

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