Award5 Jul 2026, 05:30 pm
GK Energy Secures ₹235.92 Cr Solar Pump Order from MSEDCL
AI Summary
GK Energy Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply, installation, and commissioning of 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The contract, valued at ₹235.92 Crores (inclusive of GST), covers pumps of 3 HP, 5 HP, and 7.5 HP for the entire state of Maharashtra under the 'Magel Tyala Saur Krushi Pump Yojana'. The execution of this order is to be completed within 60 days from the issuance of the work order or Notice to Proceed (NTP). This significant award is expected to boost GK Energy's business in the renewable energy sector.
Key Highlights
- GK Energy awarded a contract worth ₹235.92 Crores by MSEDCL.
- The contract involves 10,000 Off-Grid Solar Water Pumping Systems.
- Project to be executed within 60 days of work order issuance.
- The award is for the 'Magel Tyala Saur Krushi Pump Yojana'.
- No promoter interest in the awarding entity.
Price Impact
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