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Insolation Green Infra Secures INR 232 Cr Solar Power Project in Rajasthan Under PM KUSUM

Insolation Energy’s subsidiary, Insolation Green Infra, has secured a turnkey order worth INR 232.36 crore from Silgo Retail to develop a 54 MW AC (70.20 MWp DC) grid-synchronised solar power project across multiple locations in Rajasthan under the PM-KUSUM Scheme.

October 30, 2025. By Mrinmoy Dey

Insolation Energy (INA Solar) has announced that its subsidiary Insolation Green Infra has received a turnkey project order valued at INR 232.36 crore from Silgo Retail.

The order is for the design, development, engineering, manufacturing, supply and supervision of erection, testing and commissioning of grid-synchronised solar power plant with a total capacity of 54 MW AC (70.20 MWp DC) at various locations in Rajasthan under PM KUSUM Scheme, the company stated in a regulatory filing.

Last month, 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.

In FY25, INA Solar has reported an 80.9 percent increase in its revenue from operations to INR 1,338 crore, up from INR 737.2 crore in FY24. The company's profit after tax (PAT) has increased to INR 126.2 crore in FY25 from INR 55.5 crore in FY24, marking an increase of 127.5 percent.

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Solar PV

Insolation Energy

INA Solar

Insolation Green Infra

Silgo Retail

PM KUSUM Projects in Rajasthan

PM KUSUM Yojana

Solarising agriculture