GRE Renew Enertech Wins Rs. 175 Crore Solar EPC Contract
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 30 Jun 2026, 02:00 PM IST · BSE ID: 5f056079-0c3d-4730-9c93-ba98ccc16f55
View Original BSE Filing (PDF)
💡
In Simple Terms
GRE Renew Enertech just got a large contract to build a solar power project and maintain it for three years.
🤖 AI Summary
- GRE Renew Enertech secures Rs. 175,00,00,000 EPC contract for a 50 MW AC solar project.
- Contract includes Engineering, Procurement, Construction, and three years of Operation & Maintenance.
- Awarded by Solarium Green Energy Limited, a domestic entity.
- Execution timeline is per project schedule outlined in the Letter of Award.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Aggregate Contract Value (EPC)
₹170,00,00,000/-
Aggregate Contract Value (O&M)
₹5,00,00,000/-
Total Contract Value
₹175,00,00,000/-
Solar PV Project Capacity
50 MW AC / 65 MW DC
O&M Service Period
Three (3) years
🏢 How This Affects the Company
This order win significantly expands the company's project pipeline, adding a substantial utility-scale solar development to its order book.
The contract value of Rs. 175,00,00,000, exclusive of taxes, will contribute to future revenue streams upon successful execution and O&M.
The project will necessitate resource allocation for engineering, procurement, and construction, alongside ongoing O&M activities.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this order win disclosure.
👤
Who Is Affected
All shareholders are affected by the company's enhanced order book and potential for future revenue growth.
🔍
Management Signal
This signifies management's ability to secure significant new business contracts in the renewable energy sector.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of project commencement date.
Milestone payments as per contract terms.
Progress reports on EPC and O&M execution.
LOW RISK
Order win disclosures are standard business updates, with execution dependent on project timelines.
💡 Investor Takeaway
GRE Renew Enertech secured a Rs. 175,00,00,000 EPC and 3-year O&M contract for a 50 MW AC solar project from Solarium Green Energy Limited.
⚖️ Strengths & Concerns
✅ Positives
- Receipt of a large Rs. 175,00,00,000 EPC and O&M contract for a 50 MW AC solar project.
- Secured a three-year Operation & Maintenance component, providing recurring revenue visibility.
📅 Company Track Record
In March 2026, GRE Renew Enertech announced a ₹12.95 Crore solar EPC contract with a 6-month execution timeline.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total value of the contract GRE Renew Enertech received?
GRE Renew Enertech received a total contract value of ₹175,00,00,000/- exclusive of applicable taxes.
Who awarded the contract to GRE Renew Enertech?
The Letter of Award was received from Solarium Green Energy Limited, a domestic entity.
What services does the contract with Solarium Green Energy Limited cover?
The contract covers Engineering, Procurement, and Construction (EPC) works for a solar PV project and Operation & Maintenance (O&M) services for three years.
What is the capacity of the solar PV project for which GRE Renew Enertech won the EPC contract?
The EPC contract is for an approximately 50 MW AC / 65 MW DC Ground Mounted Solar PV Project.
Questions based on this BSE filing only. For information purposes.