Announced Thu, 9 Jul · 12:13 IST
Subsidiary bags Rs 558.29 crore solar PV module order from NTPC Renewable Energy
INA · price
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Price reaction · full curve 14 horizons · vs prior close
+14.6%1-day move
₹109.30
prior close
₹113.32
base price
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AI summary
Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has been awarded a contract worth Rs 558.29 crore by NTPC Renewable Energy, a wholly owned subsidiary of NTPC Limited. The order is for supply of Solar PV Modules on a domestic basis, to be executed in financial year 2026-27. No promoter group interest or related party concerns were disclosed.
Likely market impact
Large government PSU order strengthens FY27 revenue pipeline and improves long term growth visibility for the company.