Insolation Energy Shares Jump 5% After Huge ₹733 Crore Orders!

Insolation Energy’s stock jumped 5.07% to ₹269.50 after its subsidiary, Insolation Green Energy, secured ₹733.04 crore orders from KPI Green Energy for supplying N-Type Bi-Facial Solar PV Modules.

• First Order (₹513.13 Cr): For KPI’s GUVNL project (delivery: June 2025 – March 2026).

• Second Order (₹219.91 Cr): For KPI’s GUVNL Phase-2 project (same delivery timeline).

Also Read: Big Move in Green Energy! KPI Green Energy Appoints Surinder Kumar Negi as COO – Find Out How He Plans to Transform the Industry!

This follows a ₹372.20 crore order from Rajasthan Renewable Energy Corporation and Teerth Gopicon.

Financial Growth (FY24):

• Net profit up 419.4% to ₹55.47 crore.

• Revenue surged 163.9% to ₹737.17 crore.

Insolation Energy continues to expand in India’s booming renewable energy sector, benefiting from rising solar energy demand and government projects.