StockWatch
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Civil Construction
Deals27 Aug 2026, 04:50 pm

GK Energy Empaneled for 1 Lakh Rooftop Solar Households, ₹454.5 Cr Contract

AI Summary

GK Energy Limited has announced receiving a Letter of Empanelment from a state government-owned power utility for Grid Connected Rooftop Solar Photovoltaic Projects. The company is allocated 1kW rooftop solar capacity for 1 lakh households, totaling 100 MW with a contract value of approximately ₹454.50 Crore (including GST). This adds to their existing empanelments worth over ₹1,092 Crores since April 1, 2026. GK Energy will handle design, installation, testing, commissioning, and O&M for five years. The projects are expected to be completed within 60 days of work order issuance. This development significantly expands GK Energy's presence in the rooftop solar segment and aligns with India's renewable energy goals.

Key Highlights

  • Empaneled for 100 MW rooftop solar capacity across 1 lakh households.
  • Secured a contract valued at approximately ₹454.50 Crore including GST.
  • Includes 5 years of Operations & Maintenance (O&M) for the installed systems.
  • Expands GK Energy's footprint in the decentralized rooftop solar market.
  • Projects to be completed within 60 days of work order issuance.