GK Energy shares fall nearly 5%; company installs 7,620 off-grid solar pumps in Maharashtra

Shares of GK Energy fell as much as 4.71% to hit an intraday low of ₹135.71 on the National Stock Exchange on Monday, December 8. On the BSE, GK Energy shares declined as much as 4.95% to hit an intraday low of ₹135.50.

The company informed exchanges on Monday that it has installed 7,620 off-grid solar pumps in Maharashtra, accounting for approximately 17% of the total 45,911 solar pumps installed under the Guinness World Record achieved by the Maharashtra State Electricity Distribution Company Limited (MSEDCL).

These installations were completed within an intensive 30-day execution window from October 27, 2025, to November 25, 2025, underscoring GK Energy’s scale, execution capability, and operational excellence, GK Energy said in a press release.

GK Energy acted as the strategic advisor to MSEDCL, playing a critical role in enabling and coordinating the end-to-end execution of this record-breaking initiative for MSEDCL. The role of GK Energy in the project encompassed concept development, strategy development, planning, co-ordination, documentation, framework design and stakeholder management to ensure successful accomplishment, the Pune-based company added.

“I sincerely thank MSEDCL for trusting and accepting GK Energy in a dual role first, as a Strategic Advisor for concept development, planning, and execution, and second, as a Vendor, giving us the opportunity to perform and contribute meaningfully on the ground," said Gopal Kabra, CMD & CEO, GK Energy.

"Contributing nearly 17% of the total installations within a 30-day timeframe is a testament to our execution strength and commitment. Acting as the Strategic Advisor for this historic initiative further reflects the trust placed in GK Energy by MSEDCL and the Government of Maharashtra. Our focus remains on enabling scalable, decentralized solar solutions that support sustainable agriculture,” he added.

About GK Energy

GK Energy is India’s leading brand of solar-powered pump systems and pure-play EPC provider for solar-powered agricultural water pump systems, offering end-to-end solutions across design, supply, installation, commissioning, and long-term maintenance, and enabling large-scale adoption of decentralized renewable energy in rural India.

As of 1:21 pm, GK Energy shares traded 4.81% lower at ₹135.70.