GK Energy wins Rs 235.92 Cr solar pump order from Maharashtra discom

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

GKENERGY · price

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₹139.66

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₹143.25

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AI summary

GK Energy has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 10,000 off-grid DC solar water pumping systems under the Magel Tyala Saur Krushi Pump Yojana. The total order value is Rs. 235.92 Crores inclusive of GST, to be executed within 60 days from the work order. Pumps of 3 HP, 5 HP and 7.5 HP variants will be installed across Maharashtra. It is a one-time domestic order with no related party interest.

Likely market impact

Large state government order boosts order book; 60-day execution timeline points to near-term revenue inflow.