Insolation Energy bags LoA for Rs2.08 crore; Stock trades lower

2 Nov 2022 , 09:18 AM

Insolation Energy Ltd announced that the company has received a Letter of Award (LOA) for empanelment of Vendor for Design, Supply, Erection, Testing, and Commissioning including warranty, Comprehensive operation & maintenance of grid-connected Rooftop Solar Plant of various capacities.

As per the filing, the LoA is under the Phase-II of Grid Connected Rooftop Solar Scheme of MNRE in Rajasthan under General category against TN-DSM-02, for Ajmer Discom of Rs2,08,24,500 (Rupees Two Crore, Eight Lacs & Twenty-four Thousand Five Hundred only).

At around 9:18 AM, Insolation Energy was trading at Rs121.20 per share lower by 0.04% on the BSE.

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