GHV Infra Projects Limited announced the receipt of a Letter of Award (LOA) for a rooftop solar project, marking a new order win in the renewable energy segment.
The contract involves supply and execution work for grid-connected solar installations and reflects continued activity in distributed renewable infrastructure.
Following the announcement, the company’s shares moved higher in early trade and touched a fresh 52-week high, indicating positive investor response.
The company received the LOA from Enmas EPC Power Projects Limited (JV) for executing engineering, procurement and construction (EPC) work related to rooftop solar installations.
The project includes supplying materials and undertaking installation, testing and commissioning activities for grid-connected rooftop solar plants.
The scope covers the development of 28.83 MWp rooftop solar capacity intended for 14,416 SC and ST consumers.
Equipment supply includes solar modules, inverters, mounting structures, distribution boards, cabling and associated electrical infrastructure required for commissioning.
According to the company’s regulatory filing, the total value of the work order stands at approximately ₹123 crore. The project is scheduled to be completed within a period of 120 days from execution, indicating a relatively short implementation cycle.
The contract has been awarded by a domestic entity and falls under EPC services. The company also clarified that the transaction does not involve any related-party arrangement.
The announcement was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure forms part of mandatory reporting requirements for material business developments, ensuring transparency for investors and market participants.
The company stated that neither the promoter group nor associated entities hold any interest in the awarding organisation.
Following the announcement, GHV Infra’s stock witnessed buying interest during Friday’s session. The share price touched a 52 week high and was trading at ₹354.50, up ₹3.10 or 0.88%, at around 10:00 AM on February 20.
Read More: Top Undervalued Stocks in India for Feb 2026: ICICI Bank, Power Finance Corporation and More.
The ₹123 crore rooftop solar contract adds to GHV Infra’s order book and strengthens its presence in the renewable energy EPC space. While the market reaction remained moderately positive, execution timelines and project delivery will remain key factors influencing investor assessment going forward.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 20, 2026, 10:09 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
