GK Energy Secures Rs. 276.93 Crore Solar Pump Order in Maharashtra
Filing Summary
GK Energy Ltd has received an amendment Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for the supply of 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems. The total contract value is approximately Rs. 276.93 Crores, inclusive of GST. The project involves the design, manufacture, supply, transport, installation, testing, and commissioning of solar pumps across Maharashtra. The installation is to be completed within 60 days from the issuance of the work order. The order is subject to cancellation if tender progress reaches 100,000 units.
On December 24, 2025, GK Energy Ltd announced the receipt of an amendment Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL). This letter pertains to the supply of an additional 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) with capacities of 3 HP, 5 HP, and 7.5 HP. The project is part of the Magel Tyala Saur Krushi Pump Yojana / PM Kusum B Scheme.
The total value of the contract is approximately Rs. 276.93 Crores, inclusive of GST. The scope of work includes the design, manufacture, supply, transport, installation, testing, and commissioning of the solar pumps. The installation must be completed within 60 days from the issuance of the Notice to Proceed (NTP) or work order.
A condition attached to the Letter of Empanelment specifies that the order quantity is subject to the overall tender quantity. If the tender progress reaches 100,000 units, any remaining quantity under this LoE will be canceled.
Details of the order indicate that it is a one-time domestic contract awarded by a domestic entity. There is no interest from the promoter group or related party transactions involved in this contract.
Maharashtra State Electricity Distribution Company Limited is a key player in the distribution of electricity in Maharashtra. It focuses on enhancing the state’s energy infrastructure and promoting renewable energy solutions.
GK Energy Ltd specializes in renewable energy solutions, focusing on solar energy projects. The company aims to expand its footprint in the renewable energy sector by executing large-scale projects and enhancing its service offerings.