Insolation Energy’s Subsidiary Wins LOI for 226.45 MW Solar Power Projects Under PM-KUSUM Scheme

JIRE
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Insolation Energy Limited announced that its wholly owned subsidiary, Insolation Green Energy Private Limited, has received a Letter of Intent (LOI) from Jaipur VidyutVitran Nigam Limited (JVVNL) and Ajmer Vidyut Vitran Nigam Limited (AVVNL) for the development of 226.45 MW of grid-connected solar power plants under the Government of India’s PM-KUSUM Component A Scheme. The project scope includes design, survey, supply, installation, testing, commissioning, and 25 years of operation and maintenance from the commercial operation date (COD).

It also covers the construction of associated 11 KV lines to connect the plants with multiple 33/11 KV substations, along with remote monitoring systems (RMS) for seamless plant management. The allocation spans 20 sites under JVVNL and 115 sites under AVVNL, with levelized tariffs finalized at ₹3.04 per unit for 16 sites, ₹2.82 per unit for 5 sites, ₹2.75 per unit for 53 sites, and ₹2.60 per unit for 61 sites.

This large-scale win underscores Insolation Energy’s commitment to advancing solar adoption through innovative, reliable, and cost-effective solutions while supporting India’s vision of energy security and self-reliance. Insolation Green Energy is a fast-growing company dedicated to providing sustainable and renewable energy solutions.

Specializing in solar energy, the company focuses on manufacturing high-quality solar panels and offering customized solutions for residential, commercial, and industrial applications. With a commitment to innovation, efficiency, and environmental responsibility, Insolation Green Energy aims to accelerate the adoption of clean energy technologies. By leveraging advanced manufacturing processes and cutting-edge technology, the company plays a crucial role in supporting the global transition to renewable energy, helping reduce carbon emissions and promoting a greener, more sustainable future.