Insolation Green Energy Pvt Ltd secures order amounting to Rs. 516.05 crores

Insolation Energy Limited's wholly owned subsidiary, Insolation Green Energy Private Limited has secured sale order amounting to ₹ 516.05 Crores (Rupees Five Hundred Sixteen Crores Five Lakh Only), inclusive of GST. The details of the order are as under:

(1) Insolation Green Energy Private Limited a Wholly Owned Subsidiary of the Company, has also been awarded a purchase order aggregating to ₹ 357.00 Crores (Rupees Three Hundred Fifty Seven Crores Only), including GST, for the supply of Solar PV Module N Type Topcon by a well-renowned IPP Company.

(2) Insolation Green Energy Private Limited a Wholly Owned Subsidiary of the Company, has also been awarded a purchase orders aggregating to ₹159.05 Crores (Rupees One Hundred Fifty Nine Crores Only), inclusive of GST, for the supply of Solar PV Modules by various Companies for their projects under PM KUSUM scheme at various locations in Andhra Pradesh.

The combined addition in the revenue of the company from these two purchase orders will be Rs. 516.05 Crores.

Source : Equity Bulls

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