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GP Eco Solutions India LimitedImportant, 26-02-2025: Disclosure of material issue

26-02-2025 | 05:40 pm

GP Eco Solutions India Limited has entered a Memorandum of Understanding (MoU) with the Madya Pradesh Government to invest ₹1,000 crore in solar power infrastructure by the end of the financial year 2028. This investment aims to establish a manufacturing unit for solar panels with a capacity of 5GW and solar cells of 2GW in Madhya Pradesh. This strategic move aligns with the state’s renewable energy vision and India’s broader commitment to sustainability. The MoU signifies a step forward in GP Eco's expansion plans, subject to future agreements and regulatory approvals. Investors should monitor this development closely, as it opens potential growth avenues while reinforcing the company’s position in the renewable energy sector.

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