• Sensex78151.45964.58(1.24%)
  • Nifty24334.3261.55(1.08%)
  • USDINR96.320.1(0.09%)
Online tarding Partner With Us
BSE Prices delayed by 5 minutes ! Prices as on   Jul 17, 2026   ABB India 7509.85 [ -2.06% ]ACC 1377.65 [ 0.38% ]Ambuja Cements 438.7 [ 1.25% ]Asian Paints 2689.2 [ 0.47% ]Axis Bank 1328.95 [ 1.86% ]Bajaj Auto 10437.45 [ 1.05% ]Bank of Baroda 246.65 [ -0.60% ]Bharti Airtel 1908.75 [ -0.68% ]Bharat Heavy 421.9 [ -3.10% ]Bharat Petroleum 315.5 [ 1.12% ]Britannia Industries 5410.3 [ 1.88% ]Cipla 1418.4 [ -0.77% ]Coal India 427.6 [ 0.05% ]Colgate Palm 2041.95 [ 2.07% ]Dabur India 427.25 [ -0.51% ]DLF 668.45 [ 3.22% ]Dr. Reddy's Lab. 1210.85 [ -1.07% ]GAIL (India) 171.25 [ -0.23% ]Grasim Industries 3111.4 [ 1.27% ]HCL Technologies 1203.85 [ 1.33% ]HDFC Bank 819.65 [ 1.40% ]Hero MotoCorp 4911.25 [ 0.29% ]Hindustan Unilever 2144.1 [ 2.17% ]Hindalco Industries 940.25 [ -2.02% ]ICICI Bank 1441.9 [ 1.67% ]Indian Hotels Co. 728 [ -0.46% ]IndusInd Bank 1027.2 [ 1.32% ]Infosys 1096.95 [ 1.47% ]ITC 280.6 [ 0.45% ]Jindal Steel 1024 [ -0.42% ]Kotak Mahindra Bank 389.85 [ 3.37% ]L&T 3815 [ 1.04% ]Lupin 2442.1 [ -2.32% ]Mahi. & Mahi 3178.65 [ 1.87% ]Maruti Suzuki India 13808.2 [ 0.12% ]MTNL 28.12 [ -2.29% ]Nestle India 1427.9 [ 0.30% ]NIIT 97.35 [ -1.57% ]NMDC 83.15 [ -1.09% ]NTPC 341.8 [ -0.20% ]ONGC 247.25 [ 0.14% ]Punj. NationlBak 105.8 [ 0.57% ]Power Grid Corpn. 283.65 [ 1.01% ]Reliance Industries 1326.5 [ 2.59% ]SBI 1044.1 [ 1.24% ]Vedanta 253.15 [ -1.84% ]Shipping Corpn. 281.95 [ -2.81% ]Sun Pharmaceutical 1933.1 [ -0.87% ]Tata Chemicals 698.2 [ 0.48% ]Tata Consumer 1088.3 [ -0.03% ]Tata Motors Passenge 335.8 [ 1.21% ]Tata Steel 185.9 [ 0.22% ]Tata Power Co. 377.1 [ 0.04% ]Tata Consult. Serv. 2268.25 [ 3.02% ]Tech Mahindra 1570.5 [ 3.91% ]UltraTech Cement 11725.55 [ -0.46% ]United Spirits 1375.5 [ -0.48% ]Wipro 176 [ -1.01% ]Zee Entertainment 107.2 [ 1.28% ]
BSE

MARKETS

News Details

( As on 16/07/2026 10:11)

GRE Renew crosses 100 MWp; Order book at Rs 224 cr

GRE Renew Enertech Ltd. announced that it has surpassed 100 MWp of cumulative solar installations, marking a significant milestone in its growth journey. The company's consolidated active EPC order book now stands at around 75 MWp, with a total value of approximately Rs 224 crore.

The company has also successfully commissioned a 7.20 MW (AC) / 9.678 MW (DC) ground-mounted solar power plant under the RESCO (OPEX) model, a key objective outlined during its IPO in January 2026.

Growth in the order book was driven by strong project wins during the first quarter of FY27, including a Rs 175 crore turnkey contract from Solarium Green Energy Ltd. for a 50 MW AC / 65 MW DC utility-scale solar PV project in Maharashtra. The value of this single contract exceeds GRE's FY26 consolidated revenue of Rs 122.9 crore, highlighting its shift towards larger, higher-value projects.

Additionally, the company secured another Rs 17.75 crore solar EPC contract, taking its total EPC order book to 75 MWp, valued at approximately Rs 224 crore.

For FY26, GRE reported a Profit After Tax (PAT) of Rs 13.6 crore, delivering a strong three-year CAGR of 147%. The company continues to operate through both EPC (CAPEX) and RESCO (OPEX) models, serving industrial, commercial, and government clients while focusing on expanding long-term renewable energy infrastructure and supporting domestic solar manufacturing through the use of locally sourced modules and inverters.