Deals30 Jun 2025, 09:32 am
Insolation Energy's Subsidiary Wins 109.79 MW Solar Power Projects Contract
AI Summary
Insolation Energy Ltd's wholly owned subsidiary, Insolation Green Energy Pvt. Ltd, has been awarded a Letter of Intent (LOI) for design, survey, supply, installation, testing, commissioning, operation & maintenance of 109.79 MW solar power plants. The contract, worth approximately Rs. 380 Crores (including GST), is for 25 years from the date of commissioning under PMKUSUM Component A Scheme of Jaipur Vidyut Vitran Nigam Limited (JVVNL) for 58 sites. The levelized tariff is Rs. 2.55 per unit for 51 sites, Rs. 3.037 per unit for 6 sites, and Rs. 3.04 per unit for 1 site.
Key Highlights
- Insolation Green Energy Pvt. Ltd. secures 109.79 MW solar power projects contract
- The contract is worth approximately Rs. 380 Crores (including GST)
- The contract is for 25 years from the date of commissioning
- The contract is under PMKUSUM Component A Scheme of Jaipur Vidyut Vitran Nigam Limited (JVVNL)
- The levelized tariff is Rs. 2.55 per unit for 51 sites, Rs. 3.037 per unit for 6 sites, and Rs. 3.04 per unit for 1 site