GP Eco Solutions Bags Multiple Solar EPC Projects Worth INR 330 Crore
GP Eco Solutions India Ltd. has secured a Letter of Award from UPNEDA for two grid-connected solar projects totalling 5.3 MWac worth INR 30 crore and an EPC contract for a 128 MWp ground-mounted solar project worth INR 300 crore.
March 27, 2025. By Mrinmoy Dey
It will involve the development of a 2.3 MWac grid-connected solar power project at Etawah, and a 3 MWac grid-connected solar power project at Kanpur Dehat, Uttar Pradesh, under the PM-KUSUM Component-C2 Scheme through the RESCO model.
This project contributes to expanding solar energy adoption in Uttar Pradesh under the PM-KUSUM scheme, the company stated in a regulatory filing.
The company also secured an order for an EPC turnkey contract for a 128 MWp ground-mounted solar power project amounting to about INR 300 crore.
The project will be commissioned in modular phases – 40 MWp + 40 MWp + 48 MWp, within a period of 18-24 months, the company stated in a separate filing.
Last month, the company signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Department, Government of Madhya Pradesh. The MoU outlined an INR 1,000 crore investment by the end of FY-2028 to develop solar power infrastructure in the state. The company intends to set up a 5 GW solar panel manufacturing and a 2 GW solar cell manufacturing line.
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