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28.July.26

INA Solar Secures a ₹558.29 Crore PV Module Supply Order from NTPC Renewable Energy Limited

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Introduction

Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Ltd. (INA Solar), has secured a ₹558.29 Crore PV module supply order from NTPC Renewable Energy Limited (NTPC REL) for a utility-scale solar project in Lalitpur, Uttar Pradesh. This achievement reinforces INA Solar's position among the leading Solar Panel Manufacturers in India and trusted Solar Module Manufacturers in India.

Order Highlights

  • Order Value: ₹558.29 Crore
  • Customer: NTPC Renewable Energy Limited (NTPC REL)
  • Project: Utility-Scale Solar Project, Lalitpur, Uttar Pradesh
  • Product: M10R N-Type TOPCon Dual-Glass Bifacial Solar PV Modules

Leadership Perspective

Commenting on the development, Mr. Manish Gupta, Chairman and Mr. Vikas Jain, Managing Director, Insolation Energy Ltd., said:

"Securing this order from NTPC Renewable Energy Limited is a significant milestone for INA Solar and reflects the trust placed in our manufacturing capabilities, product quality, and execution excellence. As India accelerates its clean energy transition, we remain committed to strengthening our manufacturing infrastructure, delivering world-class solar solutions, and supporting the Government of India’s vision of achieving 500 GW of non-fossil fuel-based installed power capacity by 2030."

Manufacturing Excellence Behind the Achievement

INA Solar currently operates three advanced manufacturing facilities with a combined annual production capacity of 5.5 GW and is expanding with 4.5 GW Solar Cell Manufacturing and 18,000 MTA Aluminium Frame Manufacturing. As a trusted Solar Panel Manufacturing Company in India, the company manufactures 500 Wp to 635 Wp modules including G12R N-Type TOPCon Modules, M10R N-Type TOPCon Modules, Mono PERC Modules and Bifacial Solar Panels in DCR and N-DCR variants. Manufacturing is backed by BIS ALMM CE IEC ISO UL

Supporting India's Clean Energy Future Through Make in India

This order supports the Government of India's vision of achieving 500 GW of non-fossil fuel-based installed power capacity by 2030 while strengthening the Make in India initiative. By promoting Made in India Solar Panels, domestic manufacturing, innovation and employment, INA Solar contributes to Renewable Energy India and a resilient clean-energy ecosystem.

Looking Ahead

With continuous investment in technology, automation and manufacturing expansion, INA Solar will continue strengthening its position as a leading Solar PV Module Manufacturer and preferred partner for utility-scale renewable energy projects.

About INA Solar

Insolation Energy Ltd. (INA Solar) is one of India's leading Solar Energy Company in India with more than 9 years of manufacturing excellence. Trusted by 40,000+ customers, 1,000+ channel partners across 250+ districts and over 400 MW of IPP deployments, the company has received recognitions including Forbes India's Best Under A Billion, SinoVoltaics No.1 Global Financial Stability Ranking, Marksmen Daily's Most Trusted Brands of India, Industry Outlook's Top 10 Solar Panel Manufacturers and Fortune India's Emerging 100 Star Companies.

Frequently Asked Questions (FAQs)

Q. What is the value of the order?

₹558.29 Crore.

Q. Which product will be supplied?

M10R N-Type TOPCon Dual-Glass Bifacial Solar PV Modules.

Q. What is INA Solar's manufacturing capacity?

5.5 GW solar module manufacturing capacity with expansion into 4.5 GW solar cells and 18,000 MTA aluminium frames.

Q. How does this order support India?

It supports Make in India, Renewable Energy India and the 500 GW by 2030 clean-energy vision.

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