GK Energy gets ₹330 crore Maharashtra order for 14,000 solar pumps

The order in numbers

Order size and scope

The Letter of Award is for 14,000 off-grid DC solar water pumps of 5 HP for the entire state of Maharashtra, under the Magel Tyala Saur Krushi Pump Yojana. The company says the total value of the 14,000 pumps is ₹330.29 crore inclusive of GST.

The scope runs from design and manufacture through supply, transport, installation, testing and commissioning. The filing treats it as a one-time order rather than a rate contract.

Per-pump value and timing

Spread across the 14,000 pumps, the GST-inclusive value works out to about ₹2.36 lakh per pump. This is a derived figure from the total and the count, not a price the filing states.

Execution is due within 60 days from the work order or Notice to Proceed. The filing does not give the date of that work order, so the calendar end date of the work cannot be fixed from the filing. At the 22 Oct 2026 close of ₹95.92 a share, the company's market value was ₹1,945 crore, according to Blacklitt's data.

What the order means for GK Energy's shareholders

The order adds a fixed-size, one-time contract for solar water pumps in Maharashtra, with a stated value that includes GST. The filing does not say how much of that value is revenue to the company after GST, what margin the work carries, or what share of the company's revenue it will make up.

The next dated step is the 60-day execution window, which starts from a work order date the filing does not give.

Reference: Original filing (PDF)