INA Solar Honored by Rajasthan Government for ₹10,000 Crore Investment Commitment During Rising Rajasthan Impact 1.0

India’s leading solar panel manufacturer, Insolation Energy Limited (INA Solar), has been recognized by the Government of Rajasthan for its significant investment pledge during the Rising Rajasthan Impact 1.0 initiative. The recognition was conferred by Chief Minister Shri Bhajan Lal Sharma and Industry Minister Shri Colonel Rajyavardhan Singh Rathore, in the presence of senior dignitaries including Chief Secretary Shri Sudhansh Panth, Principal Secretary Shri Alok Gupta, Principal Secretary of Industries and Commerce Shri Ajitabh Sharma, Bureau of Investment Promotion Commissioner Smt. Shivangi Swarnkar, AU Small Finance Bank MD Shri Sanjay Agarwal, and JK Cement MD Shri Madhav Krishna Singhania.

During the Rising Rajasthan Global Investment Summit 2024, INA Solar signed a Memorandum of Understanding (MoU) worth ₹10,000 crore, reinforcing its commitment to support the Government’s vision of “Viksit Bharat, Viksit Rajasthan“.

On receiving the honor, Mr. Manish Gupta (Chairman) and Mr. Vikas Jain (Managing Director) of INA Solar expressed gratitude to the state leadership. They announced the establishment of the company’s third 4000 MW solar panel manufacturing plant in Jaipur, Rajasthan.

“Rajasthan is rapidly emerging as a major hub for solar energy. Our new facility will strengthen India’s energy security, generate substantial employment opportunities, and significantly reduce the carbon footprint,” said Mr. Gupta.

The expansion aligns with INA Solar’s mission to drive technological innovation in the solar energy sector and contribute to India’s renewable energy targets. The company looks forward to deepening its partnership with the Rajasthan Government to promote green energy development and achieve sustainable growth.

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