18-Aug-2026      13:22

GRE Renew Enertech secures Rs 5.05 crore order from URJASOL ENERGY for a solar power plant

GRE Renew Enertech Ltd. is down 3.35% to Rs 167.5 today, adding to recent declines that have seen the stock slip 5.10% over the last one week. GRE Renew Enertech Limited (formerly GRE Renew Enertech Private Limited) announced it has received orders totaling Rs 5,04,53,771 from URJASOL ENERGY PRIVATE LIMITED between August 1st and August 15th, 2026, for the design, engineering, supply, installation, testing & commissioning of a 1666.56 kW (DC)/1200 kW(AC) grid-connected ground-mounted seasonal tilt solar power plant under a third-party sale scheme, with an approximate execution period of six months; the company clarified that these orders are routine and do not represent entry into a new business segment or change the company’s risk profile, financial position, or operational strategy. Trading volume reached 1200 shares today, a decrease of 98.15% compared to the one-week average volume. GRE Renew Enertech Ltd remained flat year-over-year, outperforming the NIFTY50 index's 2.37% loss.

News source: Capital Market - Live News