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GRE Renew Enertech bags LoA worth Rs 175 crore

30 Jun 2026 Evaluate

GRE Renew Enertech has received a Letter of Award (LoA) from Solarium Green Energy for execution of engineering, procurement and construction (EPC) works on a turnkey basis for development of an around 50 MW AC / 65 MW DC Ground Mounted Solar PV Project, including associated civil, structural, electrical and allied infrastructure works, together with Operation & Maintenance (O&M) Services for a period of 3 years, in accordance with the terms and conditions of the LoA.

The aggregate contract value is Rs 175 crore (exclusive of applicable taxes), comprising Rs 170 crore towards the EPC contract for execution of the Solar PV Project and Rs 5 crore towards operation & maintenance (O&M) services for a period of 3 years, payable in accordance with the terms of the LoA.

GRE Renew Enertech is an emerging player in the field of Rooftop and ground mount solar solutions. The company is specialized in providing solar energy solutions to industrial and commercial customers.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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