Pursuant to Regulation 30 of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015, we would like to inform that Insolation Green Energy Private Limited, a Wholly Owned ....
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Insolation Energy Ltd has informed BSE that its wholly owned subsidiary, Insolation Green Energy Private Limited, has incorporated three new wholly-owned step-down subsidiaries on 17th September 2025: NVJG Green Infra Private Limited, PGNJ Green Infra Private Limited, and SRGE Green Infra Private Limited. All three are registered in Rajasthan with an authorized share capital of Rs. 1 lakh each (10,000 equity shares of Rs. 10). These companies will operate as Special Purpose Vehicles (SPVs) for developing, installing, and maintaining solar power plants and rooftop solar projects. Insolation Green Energy will hold 100% equity in each SPV. The SPVs have not yet commenced business operations and the initial subscription is modest at Rs. 1 lakh per entity.
This is a capacity expansion signal — the company is creating dedicated project-level entities to execute solar power projects, which is standard practice in the solar EPC industry for project-specific financing and execution. The financial scale is small at this stage, but it shows the company's intent to grow its renewable energy portfolio. Investors should watch for further updates on project sizes, funding, and execution timelines for these SPVs.