GK Energy gains after securing Rs 236 crore solar water pumping systems order from MSEDCL
Mumbai, July 6 -- According to the company's exchange filing, the scope of the project includes the design, manufacture, supply, transportation, installation, testing and commissioning of the off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS).
The order is valued at Rs 235.92 crore and is scheduled to be executed within 60 days from the date of issuance of the work order or Notice to Proceed (NTP).
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...
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