Insolation Energy moves higher as its arm gets LoI for 226.45 MW solar power projects under PMKUSUM scheme

Insolation Energy is currently trading at Rs. 196.85, up by 1.65 points or 0.85% from its previous closing of Rs. 195.20 on the BSE.
The scrip opened at Rs. 196.85 and has touched a high and low of Rs. 198.90 and Rs. 195.20 respectively. So far 253500 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 1 has touched a 52 week high of Rs. 475.00 on 08-Nov-2024 and a 52 week low of Rs. 193.60 on 11-Sep-2025.
Last one week high and low of the scrip stood at Rs. 219.50 and Rs. 193.60 respectively. The current market cap of the company is Rs. 4337.45 crore.
The promoters holding in the company stood at 66.02%, while Institutions and Non-Institutions held 1.36% and 32.62% respectively.
Insolation Energy’s wholly owned subsidiary -- Insolation Green Energy has received Letter of Intent (LoI) for design, Survey, Supply, Installation, Testing, commissioning, Operation & Maintenance for 25 years from COD of grid connected solar power plants through RESCO Mode, its associated 11 KV line to connect the plant with various 33/11 KV sub-stations and remote monitoring system (RMS) of solar power plants under PMKUSUM Component A Scheme of Jaipur Vidyut Vitran Nigam (JVVNL) for 20 sites and Ajmer Vidyut Vitran Nigam (AVVNL) for 115 sites.
The combined SPV Solar Power plant shall be 226.45 MW under PMKUSUM Component A Scheme from these LoIs, with the final levelized tariff shall be Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites and Rs 2.60 for 61 sites.
The contract will lead to an investment of around Rs 750 crore (including GST) in setting up the 226.45 MW SPV Solar Power plants and these plants will generate annual revenue of around Rs 98.46 crore
Insolation Energy is a national solar energy provider. Its portfolio covers both Poly and Mono crystalline modules and new innovative products such as Twin power, Dual glass (Glass to Glass), BIPV, Poly, Mono & Mono PERC.









