GRE Renew (BSE: 544682) Discloses ₹18.67 Cr in Solar EPC Orders for Early October, Continuing a String of Fortnightly Updates
On 17 October 2026, GRE Renew Enertech (BSE: 544682) filed with BSE that it had received solar EPC orders worth ₹18.67 crore during the first fortnight of October. The filing states: “comprising two rooftop solar EPC projects (~₹1.44 crore combined) and one ground-mounted solar EPC project (₹17.23 crore), all from domestic clients in the ordinary course of business.” This is the seventh order‑related exchange disclosure by the company since mid‑July 2026, and it extends a rhythm of fortnightly updates.
A Fortnightly Disclosure Pattern Since July 2026
GRE Renew began publishing order‑book figures and order wins at an approximately fortnightly interval from 16 July 2026. That day, the company reported two filings:
- It had crossed 100 MWp of cumulative solar installations and held a consolidated active order book of ~₹224 crore, including a ₹175 crore turnkey order from Solarium Green Energy for a 50 MW AC/65 MW DC project in Maharashtra (BSE filing, 16 July 2026).
- Later the same day, it disclosed receipt of turnkey EPC contracts worth ₹23.99 crore, lifting the total active order book to ~₹248 crore (BSE filing, 16 July 2026).
Subsequent order disclosures, sourced from BSE filings:
- 18 August 2026: A domestic order of ₹5.05 crore from Urjasol Energy for a 1.67 MWp ground‑mounted solar plant, to be executed in approximately six months.
- 5 September 2026: Orders aggregating ₹24.88 crore for the period 16–31 August 2026 (seven ground‑mounted projects and one rooftop project). Ground‑mounted execution timelines were stated as approximately six months, the rooftop project approximately three months.
- 17 September 2026: Orders aggregating ₹25.56 crore (inclusive of GST) for 1–15 September 2026, all ground‑mounted, with execution timelines of approximately six months each.
- 3 October 2026: A supplementary rooftop order of ₹71.71 lakh (₹0.7171 crore) for a 265 kW grid‑connected plant, received on 21 September. The filing specified it was an addition to the August 16–31 cycle and excluded from the ₹24.88 crore already reported.
- 17 October 2026: The current filing of ₹18.67 crore for 1–15 October, detailed above.
All orders are from domestic clients and described as in the ordinary course of business.
Management Change
On 27 August 2026, GRE Renew informed the exchange that Chief Financial Officer Alpeshkumar Laxmanji Agrawal had resigned, effective from the close of business on 5 September 2026, citing “pursuit of better career opportunities.” No other management changes have been disclosed during this period.
What the Filings Show About Execution
Each order announcement includes a stated execution period: ground‑mounted solar EPC projects are typically disclosed with an execution timeline of approximately six months; rooftop projects at approximately three months. The company has not provided revenue or margin guidance alongside these order wins, nor has it disclosed any forward‑looking financial targets beyond those execution periods.
Alpha Inflection is research infrastructure, not investment advice. We are not SEBI-registered investment advisers. Everything above is compiled from public corporate filings, with sources cited. Do your own research.
The filing evidence
| Date | What the filing said | Detail | Source |
|---|---|---|---|
| 16 Jul 2026 | GRE Renew Enertech reports 100 MWp cumulative solar installations and consolidated EPC order book of 75 MWp worth approximately ₹224 crore. | GRE Renew Enertech announced crossing 100 MWp of cumulative solar installations, a consolidated active order book of ~75 MWp valued at ~₹224 crore, and the commissioning of a 7.20 MW AC / 9.678 MW DC ground-mounted solar plant under the RESCO model. The order book includes a ₹175 crore turnkey order from Solarium Green Energy for a 50 MW AC/65 MW DC project in Maharashtra and a ₹17.75 crore solar EPC contract. | filing |
| 16 Jul 2026 | GRE Renew Enertech receives orders aggregating ₹23.99 crore in the first fortnight of July, taking its total order book to approximately ₹248 crore. | The company announced receipt of three turnkey EPC contracts during July 1-15, 2026: a 0.7728 MWp solar power plant for Dain Colour Chem Ltd. (₹3.49 crore, ~12 months execution), a 2.91648 MWp solar plant under DREBP scheme for Navsurya Renewable Energy Private Limited (₹10.97 crore, ~6 months), and a 2.49988 MWp solar plant under Third Party Sale scheme for the same client (₹9.54 crore, ~6 months). The aggregate order inflow is ₹23,99,74,407. | filing |
| 18 Aug 2026 | GRE Renew Enertech receives a ₹5.05 crore solar EPC order from Urjasol Energy Private Limited | GRE Renew Enertech received a domestic order worth ₹5.05 crore for design, engineering, supply, installation, testing and commissioning of a 1.67 MWp ground-mounted solar power plant, to be executed in approximately 6 months. | filing |
| 5 Sept 2026 | GRE Renew Enertech receives orders aggregating ₹24.88 crore during 16-31 August 2026 for ground-mounted and rooftop solar EPC projects. | The company secured eight domestic solar EPC orders (seven ground-mounted and one rooftop) during the second fortnight of August, with a combined value of ₹24.88 crore. Execution timelines are approximately 6 months for the ground-mounted projects and 3 months for the rooftop project. | filing |
| 17 Sept 2026 | GRE Renew Enertech receives ₹25.56 crore in orders during first fortnight of September 2026 for ground-mounted solar EPC projects. | The company received seven ground-mounted solar EPC orders worth a total of ₹25.56 crore (inclusive of GST) between 1 and 15 September 2026, all from domestic clients and with an execution timeline of approximately 6 months each. | filing |
| 3 Oct 2026 | GRE Renew Enertech books an additional ₹71.71 lakh in rooftop EPC orders for its August 16–31 disclosure cycle | GRE Renew Enertech received a ₹71.71 lakh order for a 265 kW grid-connected rooftop solar plant on September 21, covering design, supply, installation, and commissioning with an approximately 3-month execution timeline. The order is disclosed as a supplement to the August 16–31 fortnightly update, excluding the ₹24.88 crore already reported for that period. | filing |
| 17 Oct 2026 | GRE Renew Enertech receives ₹18.67 crore in solar EPC orders during the first fortnight of October 2026. | GRE Renew Enertech disclosed receipt of orders aggregating ₹18.67 crore between October 1–15, 2026, comprising two rooftop solar EPC projects (~₹1.44 crore combined) and one ground-mounted solar EPC project (₹17.23 crore), all from domestic clients in the ordinary course of business. | filing |
| 27 Aug 2026 | GRE Renew Enertech's CFO Alpeshkumar Laxmanji Agrawal resigns effective 5 September 2026 to pursue career opportunities. | The Chief Financial Officer of GRE Renew Enertech, Mr. Alpeshkumar Laxmanji Agrawal, submitted his resignation effective from the close of business on 5 September 2026, citing pursuit of better career opportunities. | filing |
Quick answers
- What did GRE Renew disclose?
- On 17 October 2026, GRE Renew Enertech (BSE: 544682) filed with BSE that it had received solar EPC orders worth ₹18.67 crore during the first fortnight of October.
- What does GRE Renew say comes next?
- Each order announcement includes a stated execution period: ground‑mounted solar EPC projects are typically disclosed with an execution timeline of approximately six months; rooftop projects at approximately three months.
Research and educational content only. Not investment advice. Drafted from regulatory filings and published automatically — see our editorial policy.