NSEAwarding of order(s)/contract(s)9 Jul 2026 · 9 Jul 2026, 12:18 pm
Awarding of order(s)/contract(s)
Insolation Energy Limited · INA
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Insolation Energy Limited's wholly-owned subsidiary, Insolation Green Energy Private Limited, has been awarded a contract worth ₹ 558.29 Crores by NTPC Renewable Energy Limited for the supply of Solar PV Modules.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Insolation Energy Limited has informed the Exchange about Awarding of order(s)/contract(s)
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INA_09072026121826_BSE_NSE_NTPC_Order_08_07_2026.pdf
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09th July, 2026
To, To,
The Manager, The Manager,
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Floor 25, P J Towers, ‘Exchange Plaza’ C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai – 400 001 Mumbai - 400 051
BSE Scrip Code: 543620 NSE Symbol: INA
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Insolation Green Energy Private Limited a Wholly Owned Subsidiary of the Company
has been awarded a Contract amounting to ₹ 558.29 Crores by NTPC Renewable Energy Limited a wholly
owned subsidiary of NTPC Limited
Dear Sir / Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
we are thrilled to announce that Insolation Green Energy Private Limited, a Wholly Owned Subsidiary of
Insolation Energy Limited has been awarded a contract amounting to ₹ 558.29 Crores by NTPC Renewable
Energy Limited, a wholly owned subsidiary of NTPC Limited for supply of of Solar PV Modules.
The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026, is attached as Annexure - 1.
This is for your information and records.
Thanking You,
For and on behalf of Insolation Energy Limited
Nitesh Sharma
Company Secretary & Compliance Officer
ACS: 66702
Encl.: As above
Annexure – 1
Disclosure in terms of Regulation 30 of the SEBI Listing Regulations, SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
S. No. Particulars Disclosures
1 Name of the entity awarding the The Contract have been awarded by the NTPC
order(s)/contract(s) Renewable Energy Limited a wholly owned
subsidiary of NTPC Limited.
2 Significant terms and conditions of Supply of Solar PV Modules.
order(s)/contract(s) awarded in brief
3 Whether order(s) /contract(s) have been Domestic
awarded by domestic/ international entity
4 Nature of order(s) / contract(s) Supply of Solar PV Modules.
5 Whether domestic or international Domestic
6 Time period by which the order(s)/contract(s) In the financial year 2026-27.
is to be executed
7 Broad consideration or size of the ₹ 558.29 Crores (Five Hundred Fifty Eight Crores
order(s)/contract(s) and Twenty Nine Lakhs Only), inclusive of GST.
8 Whether the promoter/ promoter No
group/group Companies have any interest in
the entity that awarded the
order(s)/contract(s)? If yes, nature of interest
and details thereof
9 Whether the order(s)/contract(s) would fall No
within related party transactions? If yes,
whether the same is done at “arm’s length”