We wish to inform that Insolation Green Energy Private Limited, a wholly owned subsidiary of the Company, has today i.e. Monday, 25th August, 2025, performed the Bhoomi Pujan (Groundbreaking ....
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Insolation Energy's wholly owned subsidiary Insolation Green Energy Pvt Ltd held a groundbreaking ceremony (Bhoomi Pujan) on 25 August 2025 for a new manufacturing plant in Narmadapuram, Madhya Pradesh, spread over 45 acres. The facility will have a capacity of 4.5 GW for solar cell manufacturing and 18,000 MT for aluminium frame manufacturing, with a planned investment of approximately ₹1,600 Crores. The project is expected to generate over 1,600 direct and indirect jobs and will be the company's fourth manufacturing facility and its first outside Rajasthan. Separately, the company mentioned that its new 3 GW PV module plant in Jaipur has commenced commercial operations, taking the group's total operational PV module capacity to 4 GW.
This is a large capacity expansion that significantly increases the company's solar manufacturing footprint, which could drive future revenue growth but also raises execution and capex risk. Shareholders should monitor project timelines and funding plans closely, as the ₹1,600 Crore outlay is substantial relative to the company's size.