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Insolation Energy Limited (INA Solar) signed MoU with State Bank of India (SBI)

12 Aug 2023

India, Rajasthan's leading solar panel manufacturing company Insolation Energy Limited (INA Solar) signed MoU with State Bank of India (SBI). Mr. Manish Gupta, Chairman, Insolation Energy Ltd, Mr. Hemant Karolia, General Manager, State Bank of India and Mr. Ravindra Badaya, Director, CA Badaya & Company were present on the occasion.
Mr. Gupta informed that INA Solar is dedicated to provide clean and affordable energy and through this MoU will help farmers, entrepreneurs, and domestic consumers to get financial resources. Kusum A and Kusum C are important solar projects of the Government of India, through which the efforts to improve the economic and social condition of the farmers are being strengthened. Through this MoU, INA Solar will help in providing financial assistance to its customers in easy installments through SBI Bank.
INA Solar is in the business of manufacturing high-efficiency solar panels, batteries, and inverters in various sizes.
All the products are being manufactured in the factory with fully automated and latest M10, G 12 technology and top cone manufacturing facility under the supervision of experienced engineers with best quality and also the products are in conformity with national and international standards BIS / ALMM is recognized. He also told that the company will increase its participation in various schemes of the country like Jal Jeevan Mission, Kusum Residential Roof Top Solar, BSNL, and Solar Park through distributors/dealers and will enter the international market through world-class products. At present the combined generation capacity of both the units of the company is 700 MW per annum which will increase to 1200 MW in the coming years and will set up another 500 MW solar cell manufacturing unit.

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