Insolation Green Energy wins Rs 7.33 bn contracts for solar PV module supply

Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited, has secured contracts worth Rs 7,330.4 million from KPI Green Energy Limited for supplying N-type bifacial (G to G) solar photovoltaic (PV) modules. The modules will be used for solar power projects across India.

The contracts include:

• Rs 5,131.3 million for supplying PV modules for a Gujarat Urja Vikas Nigam Limited (GUVNL) solar power project.
• Rs 2,199.1 million for supplying PV modules for 370 MW/641.9 MWp wind-solar hybrid power projects under Phase-II of GUVNL.

The modules are scheduled for supply between June 2025 and March 2026.

As covered previously, on March 18, 2025, Insolation Energy won contracts worth Rs 3,722 million from Teerth Gopicon Limited and Rajasthan Renewable Energy Corporation Limited (RRECL).

• It received a Letter of Award (LoA) worth Rs 3,402 million from RRECL for designing, supplying, erecting, and commissioning rooftop solar projects on a Hybrid Annuity Model (HAM) basis. The projects will be developed on state government and state undertaking buildings in Jaipur, Dausa, and Churu districts of Rajasthan. 
• The firm also secured a Rs 320 million contract from Teerth Gopicon Limited to supply 46,297 MONO crystalline solar PV modules.