GRE Renew Enertech Secures Order Value of ₹ 81,72,197 for Solar EPC Project
GRE Renew Enertech Ltd, a developer and EPC company specializing in renewable energy projects, announced the receipt of a new order in its ordinary course of business operations. The contract is primarily focused on developing solar power infrastructure, highlighting the company's active involvement in the solar energy sector.During the period spanning May 1, 2026, to May 15, 2026, the company received orders totaling ₹ 81,72,197/- (Rupees Eighty One Lakh Seventy Two Thousand One Hundred Ninety Seven Rupees Only).
The new business focuses on providing comprehensive Engineering, Procurement, and Construction (EPC) turnkey services. The acquired orders primarily comprise rooftop solar installations and/or ground-mounted solar power projects.
Project Details
The order was awarded by Govind Bronze Alloys LLP, categorized as a domestic entity. The contract involves the development of a Grid connected Rooftop Solar Plant measuring 303.26kW (DC)/250 kW(AC). The contract was formally received on May 5, 2026, with an approximate execution timeline of three months.The key financial and operational details of the contract are presented below:
| Particulars | Details |
|---|---|
| Awarding Entity | Govind Bronze Alloys LLP |
| Category | Domestic Entity |
| Order Type | EPC contract on a Turnkey basis for Development of Grid connected Rooftop Solar Plant 303.26kW (DC)/250 kW(AC) |
| Date of Receipt | May 5, 2026 |
| Value of Order | ₹ 81,72,197/- (Inclusive of applicable taxes) |
| Business Nature | Regular solar EPC operations |
Mr. Kamleshkumar D Patel, Managing Director of GRE Renew Enertech Limited (formerly GRE Renew Enertech Private Limited), confirmed that the orders received are routine in nature and fall within the company's established Engineering, Procurement, and Construction (EPC) operations. The terms and conditions of the contracts align with standard commercial terms customary to such projects, and the transactions do not involve any change in the company's core business model or operational strategy.
Stock Price Movement
As of 13:07, shares of GRE Renew Enertech Ltd are edging higher, currently trading at ₹158.60, up 5.00%. The stock has maintained a tight intraday band today, tracking between a low of ₹157.60 and a high of ₹158.60.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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