NewsStocksGK Energy Wins ₹455-Crore Rooftop Solar Order Covering 1 Lakh Homes; Shares Jump 9%

GK Energy Wins ₹455-Crore Rooftop Solar Order Covering 1 Lakh Homes; Shares Jump 9%

Author: CNBC-TV18 Markets·

Key Takeaways

  • •GK Energy secured a ₹455-crore order to install 1 lakh rooftop solar systems with a combined capacity of 100 MW.
  • •The company will provide maintenance services for the installed systems for five years, creating a recurring revenue stream.
  • •GK Energy shares rose as much as 9% following the order announcement reported on August 26, 2026.
  • •The company had earlier disclosed an order book of ₹1,000 crore, which it said supported its FY27 revenue target.
  • •The order reflects demand generated by India's PM Surya Ghar: Muft Bijli Yojana subsidy programme for rooftop solar.
GK Energy Wins ₹455-Crore Rooftop Solar Order Covering 1 Lakh Homes; Shares Jump 9%

GK Energy has secured a rooftop solar order valued at ₹455 crore, under which the renewable energy company will install 1 lakh (100,000) rooftop solar systems with a combined capacity of 100 MW. In addition to installation, the company will be responsible for maintaining the systems for a period of five years, giving the order a recurring service component beyond the one-time installation revenue.

The announcement was reported by CNBC-TV18 on August 26, 2026. Following the disclosure of the order, shares of GK Energy jumped as much as 9%.

Rooftop solar refers to solar panels installed on the rooftops of residential, commercial, or industrial buildings, allowing consumers to generate their own electricity and reduce dependence on grid power. India has been promoting rooftop solar adoption through government initiatives such as the PM Surya Ghar: Muft Bijli Yojana, a national programme that provides subsidies to households installing rooftop solar systems. Such subsidy-driven programmes have expanded the addressable market for installation firms, and large residential-scale orders like this one reflect demand flowing from that policy push.

The order adds to GK Energy's project pipeline in the renewable energy sector. The company has previously stated that its order book stood at ₹1,000 crore, which it said kept its FY27 revenue target on track, according to earlier CNBC-TV18 reporting. The new ₹455-crore order, if added to that disclosed book, would represent a substantial increase, and investors will be watching the company's future order-book disclosures and execution milestones — such as deployment timelines for the 1 lakh systems — for confirmation of progress.

Source: CNBC-TV18