Insolation Energy’s wholly owned subsidiary -- Insolation Green Energy has entered into a Memorandum of Understanding (MoU) with Ganesh Decor India for Solar Power Project Development in KUSUM C in Rajasthan (Awarded by Jodhpur Vidyut Vitran Nigam (JDVVNL). The total project size is 22.68 MW (AC)/ 29.484 MW (DC), which will be developed by the Company. The total value for developing these projects are estimated to be around Rs118 crore, including taxes.
Further, Latter of Award (LOA) has been awarded to Insolaon Energy by Jaipur Vidyut Vitaran Nigam (JVVNL) for Solar Power Plant Development in Kusum C , for 4.7MW (AC)/ 6.11 MW (DC) . The total value of these projects is estimated to be around Rs 24.4 crore including taxes. Hereafter, the overall total Project size is 27.38 MW (AC)/ 35.60 MW (DC), with estimated value of around Rs 142.40 crore including taxes.
Insolation Energy is a national solar energy provider and has set up a state of the art fully automatic solar PV module manufacturing plant at Jaipur.
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