GRE Renew Enertech Limited

Executes turnkey solar EPC contracts and operates its own solar power plants in India. Revenue comes from engineering, procurement and construction of ground-mounted solar PV projects for private clients, typically delivered over 3-6 months and often bundled with 3-year operation and maintenance services. As of mid-July 2026, the aggregate order book stood at approximately Rs 248 crore, against FY26 consolidated revenue of Rs 122.9 crore. Key wins include a Rs 175 crore 50 MW AC turnkey EPC order from Solarium Green Energy, with other orders from Standard Solar, Souraj Energy, Dain Colour Chem, Navsurya Renewable Energy and Govind Bronze Alloys. The company also generates power from commissioned solar assets in Gujarat through itself and its wholly owned subsidiary GRE Green Energy. Materials made up 67.9% of FY26 revenue at Rs 83.456 crore, making modules and balance-of-system equipment the largest cost. FY26 consolidated PAT was Rs 13.6 crore, with the company reporting a 147% three-year PAT CAGR.