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Naveen Kumar

2 hours ago · SEBI Registration INH000011088

Gre Renew Enertech secures rs 18.67 cr solar epc orders

GRE Renew Enertech Limited secured three domestic solar EPC orders aggregating to INR 18,67,94,612 (inclusive of GST) between October 1 and October 15, 2026. This includes a major 5,503.68 kWp ground-mounted captive plant and two rooftop installations totaling 520 kW. These orders validate ongoing demand in the commercial and industrial renewable segment, reinforcing the company's core EPC business model without altering its capital structure. Financially, the ~18.67 crore inflow will feed top-line revenue recognition over the next three to six months, though net profit impacts remain unquantified due to undisclosed margin metrics. Execution windows span three months for rooftop projects and six months for the ground-mounted plant. Key risks involve execution bottlenecks and working capital pressures tied to milestone billings. its not that of a positive news which creates momentum in stock, but its good news.

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