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.
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First Order (₹513.13 Cr): For KPI’s GUVNL project (delivery: June 2025 – March 2026).
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Second Order (₹219.91 Cr): For KPI’s GUVNL Phase-2 project (same delivery timeline).
This follows a ₹372.20 crore order from Rajasthan Renewable Energy Corporation and Teerth Gopicon.
Financial Growth (FY24):
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Net profit up 419.4% to ₹55.47 crore.
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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.
