GP Eco Solutions Wins ₹37.5 Crore Solar Project in Punjab

by | Oct 31, 2025 | News | 0 comments

GP Eco Solutions India Ltd has received a big solar project from Garg Acrylic Limited. The company will build a ground-mounted solar power plant in Bathinda, Punjab with a total capacity of 11.70 MWac and 15.96 MWdc. The total project value is ₹37.5 crore plus GST, and the work must be finished by April 30, 2026.

This project shows GP Eco Solutions’ growth in large solar plants and its ability to handle big projects in the clean energy space.

The company started in 2010 and makes and sells solar panels, inverters, and other solar equipment. It also builds complete solar systems through EPC (Engineering, Procurement, and Construction) services. GP Eco Solutions works with well-known companies like Sungrow India, Saatvik Green Energy, and LONGi Solar.

The company also owns the brand iNVERGY, under which it makes hybrid solar inverters and LFP (lithium iron phosphate) batteries. These products help homes and businesses use solar power more efficiently by storing extra electricity.

For the financial year 2025, GP Eco Solutions earned ₹246.43 crore in revenue, up from ₹138.44 crore last year a 78% jump. Its net profit also increased to ₹10.46 crore, compared to ₹7.33 crore in FY24. In the second half of the year, the company earned ₹5.57 crore profit, higher than ₹4.89 crore in the first half.

The company’s market value is now more than ₹600 crore, and its share price has risen by over 140% from its lowest level this year. GP Eco Solutions is continuing to grow strongly and is playing a key role in expanding solar power in India.

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