StockWatch
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Power Generation
Deals9 Jul 2026, 12:14 pm

Insolation Energy Subsidiary Wins ₹558.29 Cr NTPC Contract

AI Summary

Insolation Green Energy Private Limited, a wholly-owned subsidiary of Insolation Energy Limited, has secured a significant contract worth ₹558.29 Crores from NTPC Renewable Energy Limited. The contract is for the supply of Solar PV Modules and is expected to be executed within the financial year 2026-27. This award underscores the growing demand for solar energy solutions and strengthens Insolation Energy's position in the renewable energy sector. The transaction is domestic and does not involve any interest from promoters or promoter groups in the awarding entity.

Key Highlights

  • Subsidiary awarded ₹558.29 Cr contract by NTPC Renewable Energy.
  • Contract is for the supply of Solar PV Modules.
  • Execution expected within FY 2026-27.
  • Domestic order, no promoter interest in NTPC.
  • Strengthens Insolation Energy's market presence.