Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited, has achieved a significant milestone by securing its highest-ever single-sale order amounting to ₹733.04 Crores for the supply of Solar PV Module N Type BI Facial (G to G). This purchase order (PO) has been awarded by KPI Green Energy Limited for their projects at Gujarat Urja Vikas Nigam Limited (GUVNL), further reinforcing Insolation Green Energy’s position as a market leader in solar module manufacturing.

Details of the Purchase Order

The purchase order comprises two segments:

1. Order 1:

   • Amount: ₹513.13 Crores (including GST)
   • Product: Supply of Solar PV Module N Type BI Facial (G to G)
   • Project: KPI Green Energy’s project at GUVNL
   • Delivery Schedule: June 2025 to March 2026

2. Order 2:

   • Amount: ₹219.91 Crores (including GST)
   • Product: Supply of Solar PV Module N Type BI Facial (G to G)
   • Project: KPI Green Energy’s project at GUVNL Phase-2
   • Delivery Schedule: June 2025 to March 2026

The combined revenue addition from these purchase orders amounts to a staggering ₹733.04 Crores, making it the largest single sale in the company’s history.

Additional Revenue from LOA Orders

In addition to this landmark purchase order, Insolation Energy Limited had previously secured a Letter of Award (LOA) worth ₹372.20 Crores from:

• Rajasthan Renewable Energy Corporation Limited (RRECL)
• Teerth Gopicon Limited

These LOA orders pertain to the supply of solar modules under the Hybrid Annuity Model, thereby contributing further to the company’s revenue growth and operational expansion.

Impact on Company’s Growth and Market Position

This significant order demonstrates Insolation Green Energy’s capability to cater to large-scale solar energy projects and reaffirms its position as a reliable and preferred partner in India’s renewable energy landscape. The order not only strengthens its presence in the domestic market but also highlights the trust and confidence of prominent clients like KPI Green Energy Limited.

The company’s success in securing this order is attributed to the collective efforts of its production, sales, and marketing teams, whose dedication and expertise have been instrumental in achieving this milestone.

SEBI Compliance and Disclosure

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Insolation Energy Limited has duly disclosed the details of the order to BSE Limited. A detailed disclosure, as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, has been enclosed as Annexure-1.

Key Disclosures in Annexure-1:

1. Name of Entity Awarding the Order: KPI Green Energy Limited
2. Significant Terms and Conditions: Supply of Solar PV Module N Type BI Facial (G to G)
3. Nature of Order: Domestic
4. Time Period for Execution: Financial Year 2025-26
5. Total Order Value: ₹733.04 Crores
6. Promoter/Promoter Group Interest: None
7. Related Party Transactions: No

Execution Timeline and Revenue Impact

The delivery of the Solar PV Modules is scheduled to be completed between June 2025 and March 2026, allowing Insolation Green Energy to steadily contribute to its revenue growth in the upcoming financial year.

With this order, the company expects to enhance its revenue base significantly, further cementing its reputation as a key player in India’s solar energy sector.

Commitment to Sustainable Energy

Insolation Green Energy’s commitment to sustainable energy solutions is reflected in its focus on supplying high-efficiency Solar PV Modules that align with India’s ambitious renewable energy goals. The company’s contribution towards achieving a cleaner and greener energy ecosystem is evident through its continued success in securing large-scale orders.

Future Outlook and Strategic Growth Plans

The successful acquisition of this purchase order marks a significant step toward achieving Insolation Energy’s broader growth objectives. Moving forward, the company aims to:

• Expand its manufacturing capacity to meet rising demand.
• Strengthen its partnerships with leading energy players.
• Leverage technological innovations to deliver high-quality solar solutions.

Conclusion

The securing of a ₹733.04 Crores purchase order from KPI Green Energy Limited is a landmark achievement for Insolation Green Energy Private Limited. This order, combined with the earlier LOA of ₹372.20 Crores, demonstrates the company’s ability to drive consistent growth while contributing to India’s renewable energy transformation. With a clear focus on excellence, operational efficiency, and customer satisfaction, Insolation Energy is well-positioned to achieve sustained growth and maintain its leadership in the solar energy industry.

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