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GK Energy jumps on ₹366.63 Cr solar pump order from MSEDCL

News by Aliceblue News Desk

11 Dec 2025

GK Energy jumps on ₹366.63 Cr solar pump order from MSEDCL

Introduction

Leading renewable energy provider secures a major order from MSEDCL to supply and install 13,239 off-grid solar pump systems across Maharashtra under government schemes valued at ₹366.63 crore.

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Share price movement of GK Energy

On December 11, 2025, GK Energy Limited opened at ₹151.75, up 2.21% from its previous close of ₹144.55. The stock touched a high of ₹151.75 and a low of ₹138.55. By 2:56 PM, it traded at ₹147.75, a 2.21% increase, with a full market capitalization of ₹2,996.63 crore.

GK Energy Wins ₹366 Crore Order

GK Energy Limited announced it received a Letter of Empanelment and Letter of Award from Maharashtra State Electricity Distribution Company Limited. The company will supply 13,239 off-grid DC solar water pumping systems across Maharashtra.

The project includes 3 HP, 5 HP and 7.5 HP solar pumps under the Magel Tyala Saur Krushi Pump Yojana and PM Kusum B Scheme. The contract value is ₹366.63 crore inclusive of GST.

The order covers design, manufacturing, supply, installation, testing and commissioning of the systems. GK Energy must complete installation within 60 days from issuance of the work order or Notice to Proceed.

Stock performance of GK Energy for Period of 1 week and1 month

GK Energy Ltd delivered a -2.70% return over the past week, and it recorded a -22.8% return over the past month.

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Shareholding pattern of GK Energy

ParticularsSep 2025
Promoter79.20%
FII2%
DII8.60%
Public10.50%

About GK Energy

GK Energy (NSE: GKENERGY) was incorporated on October 14, 2008 and is India’s largest EPC provider for solar-powered agricultural water pump systems under PM-KUSUM Component B, based on installations from 2022 to 2024.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is GK Energy Limited share price going up today?

A: GK Energy Limited shares rise after the company secured an order to supply 13,239 off-grid solar water pumping systems in Maharashtra.

Q: What does GK Energy Limited specialize in?

A: GK Energy Limited specializes in EPC services for solar-powered agricultural water pump systems under government-supported renewable energy schemes.

Q: What is the 52-week high and low of GK Energy Limited stock?

A: GK Energy Limited stock shows a 52-week high of ₹239.45 and a 52-week low of ₹128.70.

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