GK Energy wins Rs 48.02 Cr order for 10 MW rooftop solar projects

GK Energy Limited has secured an allotment for rooftop solar projects with a combined capacity of 10 MW, spread across 1150 locations. The total value of the order stands at ₹48.02 crores, inclusive of GST, underlining the company's growing footprint in the renewable energy space. The project must be executed within a period of 90 days from the allotment date.

Project Allocation Details

The key parameters of the allocation are summarised below:

Parameter	Details
Total Capacity	10 MW
Number of Sites	1150
Project Type	Rooftop Solar
Total Value	₹48.02 crores
Execution Period	Within 90 days

The order was awarded by a domestic distribution company. The nature of the contract is one-time, and the company confirmed that the order does not fall within related party transactions. There is no interest held by the promoter or group companies in the entity that awarded the order.

Significance of the Development

The allocation of 10 MW rooftop solar projects across 1150 sites reflects the scale and distributed nature of the assignment. With a total worth of ₹48.02 crores, this order adds to GK Energy Limited's project portfolio in the solar energy segment. Rooftop solar installations at such a scale typically involve deployment across multiple locations, indicating a broad operational scope for the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.69%	-4.60%	+12.02%	-13.88%	-16.75%	-16.75%

GK Energy has outlined ambitious financial targets, aiming to achieve ₹3,000 crore in revenue and a 20% EBITDA margin by FY27. The announcement highlights the company's strategic intent to significantly scale its operations while simultaneously improving profitability metrics over the stated period.