GK Energy544525Major contract win
Letter of Award from MSEDCL for 14,000 solar water pumps worth Rs. 330.29 Crores
GK Energy Ltd has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL).
By ScoutQuest · · 2 min read
- Order Value
- Rs. 330.29 Crores (inclusive of GST)
- Order Quantity
- 14,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of 5 HP
- Execution Timeline
- within 60 days from the issuance of the work order / NTP
What was announced
- GK Energy Limited has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL).
- The award covers 14,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of 5 HP for the entire state of Maharashtra, under the Magel Tyala Saur Krushi Pump Yojana.
- The total value of the 14,000 pumps is Rs. 330.29 Crores, inclusive of GST.
Scope of the work
- Design, manufacture, supply, transport, installation, testing and commissioning of the off-grid solar photovoltaic water pumping systems.
- The update describes the nature of the order as one time, awarded by a domestic entity, with the contract itself being domestic.
Timeline to watch
- The order is to be executed within 60 days from the date of issuance of the Work Order / Notice to Proceed (NTP).
- The 60-day clock therefore starts from that work order or NTP, not from the date of the award letter.
Other details disclosed
- The promoter, promoter group and group companies have no interest in the entity that awarded the order.
- The order does not fall within related party transactions.
What this means for a retail reader
- This is an order win disclosed by the company to the exchanges, giving the size of the contract, the number and capacity of the pumps, the scope of work and the execution window.
- Because the value is stated inclusive of GST, the amount the company finally books as revenue can differ from the headline figure depending on how taxes are accounted.
- The stated execution window of 60 days is short, so the delivery and commissioning schedule is the practical item to track.
Key figures at a glance
- Pumps: 14,000 units of 5 HP each.
- Order value: Rs. 330.29 Crores (inclusive of GST).
- Execution period: 60 days from work order / NTP.
Also from GK Energy
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25 Sep 2026
More numbers
- Total value of the 14,000 pumps (inclusive of GST)Rs. 330.29 Crores
- Number of off-grid solar water pumping systems ordered14,000
- Capacity of each solar water pumping system5 HP
- Execution period from issuance of work order / NTP60 days
Source: BSE · 23 Oct 2026
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