Insolation Energy Limited has secured a contract worth Rs 5 billion from the Rajasthan Renewable Energy Corporation Limited (RREC) for the design, supply, erection, testing, and commissioning of rooftop solar photovoltaic (PV) projects on state government and government-owned buildings across Ajmer, Jaipur, and Kota districts in Rajasthan.
The contract also includes operations and maintenance for a period of 25 years after commissioning. The project will follow the hybrid annuity mode structure.
