GRE Renew Enertech Secures ₹17.75 Crore Order for Grid-Connected Solar Power Project
GRE Renew Enertech Ltd, a developer and EPC company specializing in LED lighting, solar lighting, and power products, has secured a new contract under its routine business operations. The company announced the receipt of one EPC order aggregating to ₹17,75,21,985/- (Rupees Seventeen Crore Seventy-Five Lakh Twenty-One Thousand Nine Hundred Eighty-Five Only).The contract involves the turnkey Engineering, Procurement, and Construction (EPC) execution of a grid-connected ground-mounted solar power project. The project is scheduled to deliver 5.2416 MW (DC) / 3.90 MW (AC) capacity and includes all associated transmission infrastructure.
This new business opportunity was awarded by Standard Solar Limited, a domestic entity. The order was received on June 16, 2026.
The details of the order and the client are as follows:
| Particulars | Details |
|---|---|
| Order Value | ₹17,75,21,985/- (Inclusive of applicable GST) |
| Client Name | Standard Solar Limited |
| Project Scope | Development of Grid connected solar ground mounted - Seasonal Tilt Sale to Discom Power plant 5241.6kW (DC)/3900 kW(AC) |
| Date of Receipt | June 16, 2026 |
| Execution Timeline | Approximately 6 months |
| Business Nature | Routine solar EPC operations |
The company affirmed that the order is routine in nature and has been received in the ordinary course of its existing Engineering, Procurement, and Construction (EPC) operations. The terms and conditions are described as standard commercial terms customary to such contracts.
Stock Price Movement
Shares of GRE Renew Enertech Ltd dipped by 4.46% to settle at ₹151.10 at the close of trade today. The share saw minimal movement throughout the session, being locked entirely at ₹151.10 for both the intraday high and low.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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