We are pleased to announced that our Subsidiary Insolation Green Infra Private Limited has received a Turnkey order valued at Rs. 232.36 Crores excluding GST.
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Subsidiary Insolation Green Infra Private Limited has bagged a turnkey order worth Rs. 232.36 Crores (excluding GST) from Silgo Retail Limited for setting up a 54 MW AC (70.20 MWp DC) grid-connected solar power plant at multiple sites in Rajasthan under the central government's KUSUM Scheme. The scope covers design, engineering, manufacturing, supply, and full supervision of erection, testing, and commissioning. Execution is targeted across FY 2025 to FY 2027. The order is domestic, unrelated to promoters, and not a related-party transaction.
This is a sizeable order that strengthens the order book and supports multi-year revenue visibility, likely positive for near- and medium-term earnings. Investors should watch for execution progress on the Rajasthan KUSUM project and any further order inflows.