In a significant development, Insolation Energy Limited has received two substantial orders, bolstering its market presence and financial outlook.

The company has been awarded a Letter of Award (LOA) by Rajasthan Renewable Energy Corporation Limited (RREC) for the design, supply, erection, testing, and commissioning of rooftop solar systems on state government buildings and state government undertakings in Jaipur, Dausa, and Churu districts. The project, executed under the Hybrid Annuity Mode, includes comprehensive operation and maintenance for 25 years and carries a total value of Rs. 340.20 Crores.

Additionally, Insolation Energy has secured a purchase order from Teerth Gopicon Limited for the supply of 46,297 Solar Photovoltaic (SPV) Mono Crystalline Modules, amounting to Rs. 32 Crores.

The combined revenue addition from these contracts is estimated at Rs. 372.20 Crores, marking a substantial achievement for the company.

The management attributes this success to the collective efforts of its dedicated teams across production, sales, and marketing. Their expertise, commitment, and drive for excellence have played a pivotal role in propelling Insolation Energy to new heights.

This accomplishment also reflects the company's focus on operational efficiency, strategic customer base expansion, and effective working capital management. With these new projects, Insolation Energy continues to strengthen its position as a key player in the renewable energy sector.