Insolation Energy Limited , a key player in India's renewable energy sector, has taken a significant step towards expanding its solar power capabilities. The company's wholly-owned subsidiary, Insolation Green Energy Private Limited, has incorporated a new entity named JHVG Green Infra Private Limited on October 16, 2025. This move marks a strategic expansion in Insolation Energy's solar power portfolio.

Key Details of the New Subsidiary

Purpose and Scope

JHVG Green Infra Private Limited has been established as a special purpose vehicle (SPV) with a clear focus on the solar power sector. The company's primary objectives include:

1. Solar power plant development
2. Erection, installation, and construction of renewable energy power plants
3. Operation and maintenance services
4. Consultancy for renewable energy projects
5. Design, supply, and commissioning of rooftop solar photovoltaic power projects

This strategic move aligns with the growing demand for renewable energy solutions in India and globally.

Financial Implications

The initial investment in JHVG Green Infra is Rs. 1,00,000, fully subscribed by Insolation Green Energy Private Limited. While the immediate financial impact may be limited, this subsidiary positions Insolation Energy for potential growth in the solar power sector.

Market Implications

This development indicates Insolation Energy's commitment to expanding its presence in the renewable energy market. By creating a dedicated entity for solar power projects, the company aims to capitalize on the increasing focus on sustainable energy solutions.

As the newly formed subsidiary begins its operations, investors and market watchers may keep a close eye on its progress and potential impact on Insolation Energy's overall performance in the renewable energy sector.

The incorporation of JHVG Green Infra Private Limited reflects the ongoing trend of energy companies diversifying and strengthening their positions in the green energy market, a sector that continues to gain importance in India's energy landscape.

Insolation Energy Limited has announced a significant expansion in its solar power business through its wholly-owned subsidiary, Insolation Green Energy Private Limited. The company has incorporated seven new special purpose vehicles (SPVs) over two days, marking a strategic move to bolster its presence in the renewable energy sector.

Strategic Expansion

On October 16, 2025, Insolation Green Energy Private Limited established six new wholly-owned subsidiaries:

1. EGJP Green Infra Private Limited
2. GNHR Green Infra Private Limited
3. PEMJ Green Infra Private Limited
4. VJNR Green Infra Private Limited
5. JRGM Green Infra Private Limited
6. MGJN Green Infra Private Limited

This expansion follows the incorporation of HVGM Green Infra Private Limited on October 15, 2025, bringing the total number of new SPVs to seven.

Financial Structure

Each of the newly incorporated SPVs has been established with an identical financial structure:

Business Focus

These SPVs are designed to spearhead Insolation Energy's expansion in the solar power sector. Their primary activities will include:

• Solar power plant development
• Erection, installation, and construction of renewable energy power plants
• Operation and maintenance services
• Consultancy for renewable energy projects
• Design, supply, and commissioning of rooftop solar photovoltaic power projects

Market Impact

While the SPVs have not yet commenced business operations, this strategic move positions Insolation Energy to capitalize on the growing demand for renewable energy solutions in India. The company's decision to create multiple specialized entities suggests a targeted approach to various aspects of the solar power value chain.

Regulatory Compliance

The incorporation of these subsidiaries has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and the market are fully informed of the company's strategic developments.

As the renewable energy sector continues to gain momentum in India, Insolation Energy's expansion through these SPVs could potentially strengthen its market position and contribute to the country's green energy goals. Investors and industry observers will be keenly watching how these new entities perform and contribute to the company's overall growth strategy in the coming months.