GP Eco Solutions India Limited
Incorporated in 2010, GP Eco Solutions India Ltd is in the business of manufacturing and trading of solar plants/panel and trading of electronic equipment’s & solar equipment’s
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GP Eco's solar EPC contract for the Punjab project revised from ₹121.92 Cr to ₹76.85 Cr. This reflects direct orders with end customers Garg Acrylics (₹46.06 Cr) and Nahar Industrial (₹30.79 Cr), with reduced scope due to customer-handled procurement.
GP Eco's 24 MWac solar EPC contract shifted from Welkin to direct customers (Garg Acrylics, Nahar Industrial). Scope changes reduced aggregate value from ₹121.92 Cr to ₹76.85 Cr, as land, transmission, and some PV modules were removed from GP Eco's scope.
GP Eco Solutions transformed into a manufacturing-led energy firm. Its INVERGY Giga Factory is operational at 3 GWh BESS capacity, targeting 5 GWh by FY28. Manufacturing boosted FY26 revenue 68% to ₹414.38 Cr, PAT soared 287% to ₹40.12 Cr. Expanded EPC order book includes 100MW+ solar projects.
GP Eco Solutions faced a ₹5,000 fine from NSE for a minor disclosure delay. The Board has acknowledged this, directing its Compliance Team to improve diligence and ensure timely regulatory adherence moving forward, preventing future lapses.
GPECO has announced a board meeting on August 12. Key agenda items include approving the FY26 Board Report, noting the CFO's resignation and appointing a new CFO. Significant board restructuring is also planned, with designation changes for Mrs. Anju Pandey and Mr. Pavitra Khandelwal, and another director's resignation.