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GP Eco Solutions India Limited has confirmed its acquisition of a majority stake in GPES Solar 3 Private Limited, owning 51% of the subsidiary. The Ministry of Corporate Affairs has approved the incorporation of GPES Solar 3, which focuses on construction, maintenance, and operation of renewable energy power plants, including solar. Additionally, the subsidiary will engage in trading and distribution of solar equipment. As a fresh entity, it currently lacks operational turnover but positions itself in the growing solar energy market—signifying potential for future revenue streams. Investors should monitor this strategic move as it aligns GP Eco Solutions with the expanding demand for renewable energy solutions, offering a positive outlook in an increasingly eco-conscious market.