GK Energy Secures ₹330.29 Crore Order from MSEDCL for Installation of 14,000 Solar Agricultural Pumping Systems in Maharashtra

Pune, October 23, 2026: Renewable energy solutions provider GK Energy Limited has secured a Letter of Award (LoA) worth ₹330.29 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the installation of 14,000 off-grid solar photovoltaic water pumping systems across Maharashtra.

The contract, awarded under the Maharashtra government's Magel Tyala Saur Krushi Pump Yojana, involves the deployment of 5 HP solar-powered agricultural irrigation pumps to improve access to reliable and sustainable irrigation facilities.

The project's scope includes design, manufacturing, supply, transportation, installation, testing and commissioning of the solar photovoltaic pumping systems.

According to the company's stock exchange filing, the order is scheduled for execution within 60 days from the issuance of the work order or Notice to Proceed (NTP).

The ₹330.29 crore contract value includes GST and represents a significant addition to GK Energy's renewable energy order portfolio.

The project is expected to create opportunities for solar module manufacturers, pump suppliers, electrical equipment providers and installation contractors.

The award further strengthens GK Energy's association with MSEDCL and supports Maharashtra's efforts to promote renewable energy adoption in agriculture, reduce dependence on conventional electricity and improve irrigation access for farmers