INA Solar Secures INR 340.20 Cr Order from RREC for 78 MW Rooftop Solar Projects in Rajasthan
Insolation Energy (INA Solar) has secured two significant orders worth INR 372.20 crore, including 78 MW rooftop solar projects from Rajasthan Renewable Energy Corporation (RREC) for INR 340.20 crore and a 25 MW solar module supply order from Teerth Gopicon worth INR 32 crore.
March 18, 2025. By Mrinmoy Dey
The first order, awarded by Rajasthan Renewable Energy Corporation (RREC) is for design, supply, erection, testing and commissioning of rooftop solar projects of a cumulative capacity of 78 MW on state government buildings/state government undertakings building in Rajasthan under hybrid annuity mode in three districts of Rajasthan namely Jaipur, Dausa and Churu, the company shared in a regulatory filing.
The agreement also involves offering comprehensive operation and maintenance for 25 years from the date of commissioning of those rooftop solar plants. The aggregate value of the order is pegged at INR 340.20 crore.
The second order is for the supply of 25 MW solar photovoltaic (SPV) MONO Crystalline Modules to Teerth Gopicon. The aggregate value of the purchase order is INR 32 crore.
The orders will be executed in the financial year 2025-26.
“Our continued success is the direct result of the collective efforts of our exceptional teams across production, sales, and marketing. Their dedication, expertise, and relentless pursuit of excellence have been instrumental in driving Insolation Energy to new heights. This achievement also underscores our commitment to enhancing operational efficiency, optimising working capital, and strategically broadening our customer base,” the company stated in the filing.
Since its inception in 2017, INA Solar has been driving India’s green energy revolution. Aligned with the ‘Make in India’ initiative, INA Solar is contributing to the nation’s energy security and sustainability.
The company is also ramping up its production capacities to cater to the increased demand. “By 2025-26, INA Solar will achieve a production capacity of 8 GW PV modules, 3 GW solar cells, and 54,000 MTA aluminium frames, reinforcing its leadership in the industry,” shared the company.
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