GK Energy Share Price in Focus; Secures ₹330.29 Crore Order from MSEDCL

GK Energy Limited has received a ₹330.29 crore order, including GST, from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 14,000 solar water pumps across Maharashtra.  

The company informed the stock exchanges about the order on October 23, 2026. The order covers 5 HP off-grid DC solar photovoltaic water pumping systems under the Magel Tyala Saur Krushi Pump Yojana. The contract is a one-time domestic order. 

60-Day Execution Period 

GK Energy will be responsible for designing, manufacturing, supplying, transporting, installing, testing, and commissioning the pumping systems. The company has 60 days to complete the work, starting from the issuance of the work order or Notice to Proceed (NTP). 

The filing does not specify a separate timeline for deliveries and installations. It also does not provide a breakdown of the total order value across the different stages of the contract. 

Details of the Contract 

MSEDCL is the entity awarding the order, according to the company's disclosure. The company also stated that its promoters, promoter group, and group companies have no interest in MSEDCL.  

The contract does not fall under related-party transactions, the filing said. 

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GK Energy Share Price Performance  

As of October 23, 2026, 2:32 pm, GK Energy share price was trading at ₹95.22, a 0.73% decrease from the previous closing price. 

Conclusion 

The ₹330.29 crore contract covers 14,000 solar water pumping systems for Maharashtra under the Magel Tyala Saur Krushi Pump Yojana. GK Energy is required to complete the work within 60 days of the issuance of the work order or NTP. 

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