Solar Company Bags Order Worth Rs 50,52,00,000 From Pradip Port Authority

The company has a market cap of Rs 383 crore and the stock is up by 70 per cent from its 52-week low of Rs 212.20 per share.

GP Eco Solutions India Limited announced that Braithwaite & CO. Limited has issued a Letter of Intent (LOI) to GP ECO Solutions India Limited (Lead member of Consortium with Synergy Wave System LLP) for the design, engineering, procurement, supply, construction, erection, testing, commissioning & comprehensive O&M for 10 years of a 10 MWp(AC) / 12 MWp SPV Plant at Pradip Port Authority amounting to Rs 50.52 crore (Exclusive of GST). The scheduled date of commencement of work is May 05, 2025 and the scheduled date of completion of work is February 28, 2026.

GP Eco Solutions India Ltd (GPESL), incorporated in 2010, is an ISO 9001:2015 certified company engaged in the manufacturing and trading of solar plants/panels, electronic equipment, and solar equipment. As an authorised distributor, GPESL partners with major players like Sungrow India (for inverters) and Saatvik Green Energy and LONGi Solar (for panels) in North India. While also providing integrated solar energy solutions, including engineering, procurement, and construction (EPC) services, their primary business focus is the distribution of solar inverters and panels. GPESL also owns the "INVERGY" brand, under which they OEM manufacture hybrid solar inverters and lithium ferro phosphate (LFP) batteries.

The company has a market cap of Rs 383 crore and the stock is up by 70 per cent from its 52-week low of Rs 212.20 per share. Investors should keep an eye on this solar stock.

Disclaimer: The article is for informational purposes only and not investment advice.