GK Energy Secures Rs 235.92 Crore Solar Pumping Order

15 Jul 2026 CW Team

GK Energy shares rose 2.48 per cent to Rs 142.70 after the company announced that it had received a Letter of Empanelment from the Maharashtra State Electricity Distribution Company for deployment of 10,000 off-grid DC solar photovoltaic water pumping systems. The empanelment covers the provision of off-grid DC Solar Photovoltaic Water Pumping Systems. The company said the scope included design, manufacture, supply, transportation, installation, testing and commissioning.

The order is valued at Rs 235.92 crore, equivalent to Rs 2,359.2 million (mn) and about 2.3592 billion (bn), and is scheduled to be executed within 60 days from the date of issuance of the work order or notice to proceed. The company described the engagement as a turnkey supply and installation project for 10,000 units intended for agricultural use. The filing to the stock exchange set out delivery and commissioning timelines and technical responsibilities.

The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the deal. GK Energy is a decentralised renewable energy infrastructure company focused on solar-powered agricultural pumping systems, rooftop solar projects and distributed clean energy solutions. The project aligns with the company focus on distributed off-grid solutions for irrigation.

On a consolidated basis GK Energy reported that net profit rose 32.17 per cent to Rs 59.25 crore, equivalent to Rs 592.5 million (mn), while net sales rose 35.24 per cent to Rs 476.76 crore, equivalent to Rs 4,767.6 million (mn) or about 4.7676 billion (bn) in the quarter ended March 2026 compared with the year ago period. The company filed the results with the exchange as part of its scheduled disclosures. Investors noted the order and quarterly gains as supportive of near-term revenue visibility.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..