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Jaipur: Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited (INA Solar), has secured a ₹558.29 Crore PV module supply order from NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Limited, for a utility-scale solar power project in Lalitpur, Uttar Pradesh.

The contract covers the supply of M10R N-Type TOPCon Dual-Glass Bifacial Solar PV Modules, marking one of INA Solar's largest PV module supply agreements and further strengthening its position in India's utility-scale renewable energy sector.

Commenting on the development, Mr. Manish Gupta, Chairman, and Mr. Vikas Jain, Managing Director, Insolation Energy Limited, 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."

INA Solar currently operates three advanced manufacturing facilities with a combined annual production capacity of 5.5 GW of solar modules and is expanding its integrated manufacturing ecosystem with 4.5 GW Solar Cell Manufacturing and 18,000 MTA Aluminium Frame Manufacturing capacity. The company manufactures G12R and M10R N-Type TOPCon Modules, Mono PERC Modules, and Bifacial Solar Panels in DCR and N-DCR variants for residential, commercial, industrial, utility-scale, and government projects.

The order also supports the Government of India's Make in India initiative by strengthening domestic solar manufacturing, reducing dependence on imports, and contributing to the country's renewable energy ambitions.

About INA Solar

Insolation Energy Limited (INA Solar) is one of India's leading solar panel manufacturers. The company serves more than 40,000 customers through a network of 1,000+ channel partners across 250+ districts and has delivered over 400 MW of IPP projects. INA Solar 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.