Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited, has achieved a significant milestone in India’s renewable energy sector. On September 15, 2025, the company announced that it has been awarded a Letter of Intent (LOI) for developing large-scale solar power projects under the PM KUSUM Component A Scheme.

The LOIs have been granted by Jaipur Vidyut Vitran Nigam Limited (JVVNL) and Ajmer Vidyut Vitran Nigam Limited (AVVNL) for projects spread across 20 sites under JVVNL and 115 sites under AVVNL in Rajasthan. The combined capacity of these projects will be a massive 226.45 MW of grid-connected solar power plants, to be developed under the Renewable Energy Service Company (RESCO) model.

The project scope covers design, survey, supply, installation, testing, commissioning, and long-term operation & maintenance (O&M) for 25 years from the commercial operation date (COD). Additionally, the contract involves setting up associated 11 KV transmission lines to connect the plants with various 33/11 KV substations, along with remote monitoring systems (RMS) for real-time supervision.

The tariffs for the projects have been finalised site-wise:

• ₹3.04 per unit for 16 sites,

• ₹2.82 per unit for 5 sites,

• ₹2.75 per unit for 53 sites, and

• ₹2.60 per unit for 61 sites.

This pricing structure ensures long-term cost-effective electricity generation while supporting India’s goal of affordable renewable power.

The total investment in the project is estimated to be around ₹750 crore (including GST), making it one of the largest recent renewable energy commitments in the state. According to projections, these solar projects will generate over 36.23 crore electricity units annually, translating into approximately ₹98.46 crore in annual revenue.

Speaking about the achievement, Insolation’s management highlighted that this project reflects their strong technical expertise, execution capability, and commitment to advancing India’s clean energy transformation. By leveraging its engineering capabilities and experience in solar infrastructure, Insolation is set to deliver reliable, scalable, and sustainable power to Rajasthan’s distribution network.

Beyond the financial and operational scale, the project also aligns with India’s ambitious renewable energy targets under the PM KUSUM scheme, which aims to promote decentralised, grid-connected solar power plants, particularly benefiting rural communities and strengthening energy security.

With this LOI, Insolation Green Energy has firmly positioned itself as a leading renewable energy developer with a strong focus on sustainable growth. The projects are expected to be executed in the financial year 2026-27, and once operational, they will contribute significantly to India’s renewable energy capacity while reducing carbon emissions.

The success of Insolation Green Energy in securing this contract also reflects the growing opportunities for private sector players in India’s energy transition. The government’s emphasis on green power, climate commitments, and rural electrification underlines the importance of such large-scale solar projects.

This win not only enhances Insolation’s renewable energy portfolio but also reinforces its vision of empowering India’s future with clean, sustainable, and affordable power solutions.

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