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GK Energy Limited was originally incorporated as ‘GK Energy Marketers Private Limited’, a private limited company under the provisions of the Companies Act, 1956, at Pune, Maharashtra, pursuant to a certificate of incorporation dated October 14, 2008, issued by the RoC. Thereafter, pursuant to a resolution passed by its Board on March 11, 2024, and by its Shareholders on June 3, 2024, the name of Company was changed from ‘GK Energy Marketers Private Limited’ to ‘GK Energy Private Limited’ to align the name of the company with its business activities the certificate of incorporation pursuant to the change of name of the company was issued by the registrar of companies, Central Processing Centre on July 20, 2024. The company was subsequently converted from a private company to a public company, pursuant to a resolution passed by its Board on October 9, 2024, and by its Shareholders on October 19, 2024, consequent to which its name was changed to “GK Energy Limited” and a fresh certificate of incorporation consequent upon conversion to public company was issued by the RoC on December 2, 2024.
The company is India’s largest pure play provider of engineering, procurement and commissioning (EPC) services for solar-powered agricultural water pump systems (which are also referred to as solar-powered pump systems) under Component B of the Central Government’s Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan scheme (the PM-KUSUM Scheme) as measured by the number of solar-powered pump systems installed under the PMKUSUM Scheme in the period from January 1, 2022 to July 31, 2025. It offers farmers an end-to-end single source solution for the survey, design, supply, assembly and installation, testing, commissioning and maintenance of solar-powered pump systems.
It primarily provides the EPC for solar-powered pump systems, which comprises direct-to-beneficiary sales and sales to others. Direct-to-beneficiary sales comprise (i) the EPC of GK Energy brand solar-powered pump systems to farmers who chose the company as their vendor on portals of agencies appointed by state governments (known as state nodal agencies or state implementing agencies (SNAs/SIAs)) wherein the orders are placed with the company by SNAs/SIAs under the PM-KUSUM Scheme and similar state government schemes, and (ii) the EPC of GK Energy brand solar dual water pump systems (solar-powered pump systems that include water storage) to local government bodies. Sales to others comprise the EPC of solar-powered pump systems under orders placed by customers directly with the Company.
It also offers other EPC services, comprising (i) the erection and installation of water storage and distribution facilities under Jal Jeevan Mission, a Central Government scheme operated through urban local bodies, (ii) the supply and installation of various solar products for government agencies and (iii) rooftop solar solutions (together, “Other EPC Services”). In addition, it sells photovoltaic (PV) cells and solar modules manufactured by third parties and other miscellaneous products (Trading Activities).
Business area of the company
GK Energy and its subsidiary are primarily into the business of design, manufacture, supply, transport, installation, testing and commissioning of decentralized solar systems primarily focused on Solar Photovoltaic Water Pumping Systems popularly known as Solar Agricultural Pumps and other ancillary Services. In addition, the subsidiary is in the business of manufacturing of solar panels.
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