Insolation Energy gets LoI for 25-yr ops & maintenance contract of 109.79 MW SPV solar plant

Insolation Green Energy Pvt. Ltd has been awarded Letter of Intent (LOI) for design, Survey, Supply, Installation, Testing, commissioning, Operation & Maintenance for 25 years from COD of grid connected solar power plants through RESCO Mode, its associated 11 KV line to connect the plant with various
33/11 KV sub-stations and remote monitoring system (RMS) of solar power plants vide TN-10 under PMKUSUM Component A Scheme of Jaipur Vidyut Vitran Nigam Limited (JVVNL) for 58 sites.

The combined SPV Solar Power plant shall be 109.79 MW from these LOIs, with the final levelized tariff shall be Rs. 2.55 per unit for 51 sites, Rs. 3.037 per unit for 6 sites, and Rs. 3.04 per unit for 1 site.

At 10.30 am, Insolation Energy was trading at Rs. 273, up by 1%, with a volume of 3.78 lakh shares on the BSE.