Insolation Green Energy wins Rs 360.1 million contract for solar modules supply

Insolation Green Energy Private Limited, a wholly-owned subsidiary of Insolation Energy Limited, secured a Rs 360.1 million contract with Nexgen Energies Private Limited on April 13, 2025. 

The contract is for the supply of Mono PERC solar photovoltaic (PV) modules, which will be used for a solar power project in India. The modules are expected to be supplied in FY 2026.

Insolation Energy is known for manufacturing high-efficiency solar panels and modules in various sizes. The company’s focus on producing top-tier solar products continues to gain momentum in the growing renewable energy market.

For the first half of FY25, Insolation Energy reported a significant increase in performance. Its consolidated net profit surged to Rs 612.7 million, compared to Rs 150.4 million in the same period of FY24. The company’s revenue also saw a notable rise, reaching Rs 6,120.3 million, up from Rs 2,784 million during H1 FY24.