Deals20 Mar 2025, 03:05 pm
Insolation Energy Limited Wins LOI for 38.43 MW Solar Power Projects Under PM KUSUM SCHEME
AI Summary
Insolation Energy Limited has received Letter of Intent (LOI) from Ajmer Vidyut Vitran Nigam Limited and Jaipur Vidyut Vitran Nigam Limited for design, Survey, Supply, Installation, Testing and commissioning including Operation and Maintenance for 25 years from COD of grid connected solar power plants through RESCO Mode. The combined SPV Solar Power plant shall be 38.43 MW with final levelized tariff of Rs. 2.880 per unit for 7 sites and Rs. 3.020 per unit for 21 sites.
Key Highlights
- Insolation Energy Limited has been awarded LOI for 38.43 MW Solar Power Projects under PM KUSUM SCHEME.
- The LOI is from Ajmer Vidyut Vitran Nigam Limited and Jaipur Vidyut Vitran Nigam Limited.
- The projects are for 25 years from COD of grid connected solar power plants through RESCO Mode.
- The combined SPV Solar Power plant shall be 38.43 MW with final levelized tariff of Rs. 2.880 per unit for 7 sites and Rs. 3.020 per unit for 21 sites.
- This achievement underscores Insolation Energy's commitment to enhancing operational efficiency, optimizing working capital, and strategically broadening their customer base.