Deals4 Jun 2024, 01:20 am
Insolation Energy Ltd Subsidiary Secures 20 MW Solar PV Modules Order Worth INR 26,84,91,328
AI Summary
Insolation Energy Ltd announced that its wholly owned subsidiary, Insolation Green Energy Private Limited, has been awarded purchase orders for the supply of Solar PV Modules Mono Perc M-10. The order is for 20 MW with a pre-GST amount of INR 23,97,24,400 and a total amount of INR 26,84,91,328 from Rays Green Energy Manufacturing Private Limited. The agreement is subject to mutually agreed terms and conditions.
Key Highlights
- Insolation Energy Ltd's subsidiary, Insolation Green Energy Private Limited, has won a 20 MW solar PV modules order.
- The order is valued at INR 26,84,91,328 before GST, or INR 23,97,24,400 pre-tax.
- The purchase order is from Rays Green Energy Manufacturing Private Limited.
- The agreement is subject to terms and conditions agreed upon by both parties.
- This disclosure is made under Regulation 30 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.