GP Eco Solutions Subsidiary Secures ₹18.23 Crore Purchase Order from E-KORS PRIVATE LIMITED
GP Eco Solutions India Limited's wholly-owned subsidiary, INVERGY INDIA PRIVATE LIMITED, has secured a significant purchase order valued at ₹18,23,92,500. The contract involves the supply of solar components and was awarded by E-KORS PRIVATE LIMITED.The purchase order, dated August 03, 2026, concerns the delivery of 24,319 units of 1.1 KW MGT INVERTERS. This business deal originated from a tender issued by South Bihar Power Distribution Company Limited.
The transaction details confirm that E-KORS PRIVATE LIMITED is the entity awarding the order and that the contract is domestic in nature. The agreed timeframe for executing the order extends until September 30, 2026.
Key operational details of the purchase order are as follows:
| Detail | Information |
|---|---|
| Entity Awarding Order | E-KORS PRIVATE LIMITED |
| Nature of Transaction | Supply |
| Total Consideration | ₹18,23,92,500 |
| Product Supplied | 24,319 units of 1.1 KW MGT INVERTERS |
| Delivery Deadline | September 30, 2026 |
The order was confirmed to be a non-related party transaction between the entities involved. The successful acquisition solidifies the subsidiary's role in providing critical components for power distribution needs.
GPECO Stock Price Movement
As of 3:06 PM, shares of GP Eco Solutions India Limited are slipping by 2.29% in live trading, currently at ₹418.2 after dropping ₹9.80 per share. The stock has seen moderate activity as 8,200 shares pass through the market so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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