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Insolation Green Energy Secures INR 516 Crore Solar PV Modules Supply Orders
Insolation Energy has announced that its subsidiary, Insolation Green Energy, has secured solar module supply orders worth INR 516.05 crore across IPP and PM-KUSUM projects.
December 02, 2025. By Mrinmoy Dey
Insolation Energy (INA Solar) has announced that its wholly-owned subsidiary Insolation Green Energy has secured two solar PV modules supply order aggregating to INR 516.05 crore.
The subsidiary company has secured a purchase order aggregating to INR 357 crore for the supply of N-Type TOPCon Solar PV Module a renowned IPP company, the company stated in a regulatory filing.
It further added that the Insolation Green Energy has also been awarded purchase orders aggregating to INR 159.05 crore for the supply of solar PV modules by various companies for their projects under PM KUSUM scheme at various locations in Andhra Pradesh.
In September 2025, Insolation Green Energy received Letters of Intent (LoIs) to develop 226.45 MW of solar projects in Rajasthan under Component A of the PM-KUSUM Yojana. The company estimates an investment of INR 750 crore in setting up the plants and an annual revenue of INR 98.47 crore from them.
Insolation Energy reported a 25.6 percent YoY revenue jump in H1 FY26 to INR 776.7 crore as it has ramped up capacity with a new 3 GW module plant, and another 1.5 GW coming online by Q3 FY26. The company's 4.5 GW solar cell plant is expected to be operational by H2 FY27.
The subsidiary company has secured a purchase order aggregating to INR 357 crore for the supply of N-Type TOPCon Solar PV Module a renowned IPP company, the company stated in a regulatory filing.
It further added that the Insolation Green Energy has also been awarded purchase orders aggregating to INR 159.05 crore for the supply of solar PV modules by various companies for their projects under PM KUSUM scheme at various locations in Andhra Pradesh.
In September 2025, Insolation Green Energy received Letters of Intent (LoIs) to develop 226.45 MW of solar projects in Rajasthan under Component A of the PM-KUSUM Yojana. The company estimates an investment of INR 750 crore in setting up the plants and an annual revenue of INR 98.47 crore from them.
Insolation Energy reported a 25.6 percent YoY revenue jump in H1 FY26 to INR 776.7 crore as it has ramped up capacity with a new 3 GW module plant, and another 1.5 GW coming online by Q3 FY26. The company's 4.5 GW solar cell plant is expected to be operational by H2 FY27.
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