Insolation Energy Limited Secures Rs. 372.20 Crores Contracts from Rajasthan Renewable Energy Corporation Limited and Teerth Gopicon Limited

Insolation Energy Limited has been awarded a Letter of Award (LOA) by Rajasthan Renewable Energy Corporation Limited (RREC) for design, Supply, Erection, Testing and commissioning including comprehensive Operation and Maintenance for 25 years from the date of commissioning of Roof Top Solar on State Government Buildings/ State Government undertakings building in Rajasthan under Hybrid Annuity Mode in three districts of Rajasthan Namely Jaipur, Dausa and Churu for aggregate sales consideration of Rs. 340.20 Crores. Additionally, the company has been awarded a purchase order by Teerth Gopicon Limited for supply of 46297 Solar Photovoltaic (SPV) MONO Crystalline Module aggregating to Rs. 32 Crores. The combined addition in the revenue of the company from these two sales orders will be Rs. 372.20 Crores.