Insolation Energy Secures 9 Solar Projects, Boosting Revenue
Solar panels at a large-scale energy project under a clear sky.
Key Highlights
Insolation Energy’s subsidiary wins 9 solar projects from MSEDCL, totaling 99 MW AC, projecting significant annual revenue and long-term growth.
Insolation Energy shares advanced to Rs. 94.60, up by 0.85%, following an announcement regarding its wholly-owned subsidiary’s new project awards.
New Solar Project Win
The company’s subsidiary, Insolation Green Energy, secured a Letter of Award (LoA) for nine solar power projects from Maharashtra State Electricity Distribution Co. (MSEDCL).
These projects, part of the Mukhyamantri Saur Krushi Vahini Yojana – 2.0, aggregate a total power generation capacity of 99 MW AC (128.7 MW DC) across different locations in Maharashtra.
- Awarded under: Tariff based Competitive Bid invited by MSEDCL
- Finalized Levelized Tariff: Rs 2.90 per unit across all nine sites
- Expected Annual : Approximately Rs 59.72 crore
- Operational Life: 25 years, providing a sustainable and stable revenue stream
Market Activity and Valuation
The scrip opened trading at Rs. 94.00 and reached an intraday high of Rs. 97.60, with 104034 shares traded on the counter.
- Previous Closing Price: Rs. 93.80
- : Rs. 93.60
- (22-Aug-2025): Rs. 249.50
- (30-Mar-2026): Rs. 81.00
- Last One Week High: Rs. 99.55
- Last One Week Low: Rs. 92.55
- Current : Rs. 2083.27 crore
Shareholding Structure
- Holding: 66.12%
- Holding: 2.09%
- Non-Institutions Holding: 31.79%
Insolation Energy operates as a national solar energy provider, offering a diverse portfolio that includes Poly and Mono crystalline modules, alongside innovative products such as Twin power, Dual glass (Glass to Glass), BIPV, Poly, Mono & Mono PERC.