Last Updated on December 2, 2025 by Author
InSolare Energy Limited is rapidly transitioning from a pure-play solar EPC provider to an emerging force in India’s green hydrogen ecosystem.
With over 1 GW of executed solar EPC projects and a strong multi-city presence, the company has demonstrated consistent performance across India’s fast-growing renewable markets.
In a major milestone, the SCC Infrastructure–InSolare consortium has secured a 70,000-tonnes-per-annum green ammonia supply contract under SECI’s SIGHT programme—one of the largest green hydrogen derivative allocations to date. The consortium quoted approximately ₹53.05/kg, securing access to PLI incentives for indigenous electrolyser manufacturing and other green hydrogen value-chain components.
This award marks InSolare’s strategic entry into large-scale green hydrogen and green ammonia production, significantly expanding its business beyond traditional solar EPC.
The company’s growth ambitions have been backed by strong investor confidence. In February 2024, InSolare raised ₹66.5 crore in a pre-IPO round from marquee investors, including Mukul Agarwal and Negen Capital.
With India targeting 5 million tonnes of green hydrogen annually by 2030, early SECI allocations are expected to shape the long-term competitive landscape. InSolare is positioning itself at the forefront of this shift, aiming to evolve into an integrated clean-energy solutions provider.
However, challenges such as EPC margin pressures, green hydrogen project financing, and execution complexities remain critical factors for long-term performance.
As India accelerates its clean energy transition, InSolare’s advancing capabilities—spanning EPC, electrolysers, and green hydrogen derivatives—underline its ambition to become a key player in the country’s next phase of renewable growth.
