GRE Renew Enertech

GRE Renew Enertech received seven ground-mounted solar engineering, procurement and construction orders aggregating to Rs 25.56 crore during 1-15 September 2026. The awards covered captive-scheme plants ranging from 550 kW to 1,500 kW AC, each with an execution period of about six months, and the awarding entities were withheld for confidentiality reasons. The tickets of about Rs 2.85 crore to Rs 6.29 crore sat within the company's historical Rs 2-25 crore order range. The company's active EPC order book stood at about Rs 224-248 crore in July, anchored by a Rs 175 crore utility-scale order from Solarium Green Energy. Consolidated revenue was Rs 122.92 crore in FY26, with solar EPC accounting for about 91% of the total.

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GRE Renew Enertech's board approved related-party EPC arrangements worth up to ₹1,000 crore with GRE Green Energy Private Limited and ₹500 crore each with Solarcatch Energy Private Limited and Solarsource Energy Private Limited. The wholly owned subsidiaries would use the arrangements for renewable-energy EPC and allied services, with transactions to be entered into as needed and subject to member approval wherever required. The board appointed Manubhai & Shah LLP as statutory auditor to fill the casual vacancy left by Dhiren H Pandya & Associates, subject to shareholder approval at the next annual general meeting. It also took note of CFO Alpeshkumar Laxmanji Agarwal's resignation, effective at the close of business on September 5, and appointed Ashvin K. Yagnik & Co. as internal auditor for financial year 2026-27. GRE's consolidated revenue was ₹122.9 crore in FY26, with solar EPC accounting for about 91% of revenue.

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GRE Renew Enertech said its chief financial officer, Alpeshkumar Laxmanji Agrawal, had resigned to pursue better career opportunities, effective at the close of business on September 5, 2026. He said he would assist with handing over his responsibilities, records and pending matters, and the company did not name a successor. The company reported FY26 revenue of ₹122.9 crore, EBITDA of ₹16.1 crore and PAT of ₹13.6 crore. Its solar EPC business accounted for about 91% of revenue, while operating cash flow was ₹4.6 crore against PBT of ₹18.1 crore.

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GRE Renew Enertech received a ₹5.04 crore order from Urjasol Energy Private Limited for a 1,666.56 kW DC/1,200 kW AC grid-connected ground-mounted solar power plant under a third-party sale scheme. The domestic contract covered design, engineering, supply, installation, testing and commissioning, with execution scheduled over about six months. Recent FY27 solar EPC contracts ranged from ₹0.35 crore to ₹17.75 crore. Solar EPC accounted for about 91% of the company's ₹122.9 crore FY26 revenue, while its reported aggregate order book stood at approximately ₹248 crore in July.

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Aug 18 (Reuters) - GRE Renew Enertech Ltd GRER.BO:

• RECEIVES ORDERS AGGREGATING TO 50.5 MILLION RUPEES

Source text: ID:nBSE3GxChf

Further company coverage: GRER.BO

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GRE Renew Enertech Limited has secured three new turnkey engineering, procurement and construction contracts worth an aggregate ₹23.99 crore, according to a fortnightly business update filed with the stock exchange. The orders, received from Dain Colour Chem Ltd and Navsurya Renewable Energy Private Limited, cover ground‑mounted single‑axis tracker solar power plants with capacities of 0.7728 MWp, 2.91648 MWp and 2.49988 MWp respectively, all including 11 kV overhead transmission lines. Execution timelines range from six to twelve months, and the company confirmed no related‑party or promoter interest. The fresh wins take the company's overall order book to approximately ₹248 crore, up from ₹224 crore disclosed in an earlier press release. The company reiterated that all contracts are in the ordinary course and do not involve any new business segment.

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GRE Renew Enertech received a turnkey EPC order worth ₹17.75 crore from Standard Solar Limited for a 5.2416 MW (DC) / 3.90 MW (AC) grid-connected solar power project. The contract includes associated transmission infrastructure and is to be executed over approximately six months. The order, received on June 16, 2026, was disclosed as part of the company's fortnightly business update.

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July 2 (Reuters) - GRE Renew Enertech Ltd GRER.BO:

• GRE RENEW ENERTECH - RECEIVES ORDER WORTH 177.5 MILLION RUPEES

Source text: ID:nBSE9jzy5M

Further company coverage: GRER.BO

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July 1 (Reuters) - GRE Renew Enertech Ltd GRER.BO:

• GRE RENEW ENERTECH - EXECUTES EPC AGREEMENT WITH SOLARIUM GREEN ENERGY ON JUNE 30, 2026

Source text: ID:nBSE99cM6l

Further company coverage: GRER.BO

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GRE Renew Enertech Limited has received a Letter of Award from Solarium Green Energy Limited for turnkey engineering, procurement, and construction works on a 50 MW AC ground-mounted solar PV project. The aggregate contract value is ₹175 crore, comprising ₹170 crore for the EPC contract and ₹5 crore for three years of operation and maintenance services. The project, located in India, will be executed in accordance with the project schedule specified in the award. The contract is in the ordinary course of the company's EPC business and does not involve any related party or promoter interest.

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June 3 (Reuters) - GRE Renew Enertech Ltd GRER.BO:

• GRE RENEW ENERTECH - UNIT COMMISSIONED AND OPERATIONALIZED A 1.500 MW (AC) / 2.016 MW (DC) SOLAR POWER PROJECT IN INDRAP, GUJARAT

Source text: ID:nBSE2kKbRt

Further company coverage: GRER.BO

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March 25 (Reuters) - GRE Renew Enertech Ltd GRER.BO:

• GETS ORDER VALUED AT 129.5 MILLION RUPEES

Source text: ID:nBSEc00F1y

Further company coverage: GRER.BO

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