Insolation Energy's Subsidiaries Win 34 MW Solar Power Projects Under PMKUSUM Component A Scheme

Insolation Energy Ltd announced that its subsidiaries Insolation Green Infra Private Limited, MGVI Green Infra One Private Limited and MGVI Green Infra Two Private Limited have been awarded Letter of Award (LOA) for design, Survey, Supply, Installation, Testing, commissioning, Operation & Maintenance for 25 years from COD of grid connected solar power plants through RESCO Mode under PMKUSUM Component A Scheme of Jodhpur Vidyut Vitran Nigam Limited (JDVVNL) for 17 sites. The combined SPV Solar Power plant shall be 34 MW with the final levelized tariff shall be Rs. 3.02 per unit for 1 site, Rs. 2.70 per unit for 13 sites and Rs. 2.65 per unit for 3 sites. This will lead to an investment of approximately Rs. 113 Crores (including GST) in setting up the 34 MW SPV Solar Power plants.