GP Eco wins Rs 655 million solar EPC order in Bareilly

GP Eco Solutions India Limited has secured a Letter of Intent (LoI) worth Rs 655.2 million from Synergy Wave System LLP. The order is for engineering, procurement, and construction (EPC) works for setting up 12.6 MW/16.38 MWp grid-connected solar power plants under the RESCO (Renewable Energy Service Company) model in Bareilly, Uttar Pradesh.

The LoI was issued on May 13, 2025, under Component C of the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) program. The plants will power agriculture feeders and sell electricity to the Uttar Pradesh Power Corporation Limited (UPPCL).

The projects include:

• 2.4 MW/3.12 MWp capacity at Bhamora substation, worth Rs 124.8 million.
  
  
• 2.5 MW/3.25 MWp capacity at Fatehganj substation, worth Rs 130 million.
  
  
• 3.8 MW/4.94 MWp capacity at Aonla substation, worth Rs 197.6 million.
  
  
• 3.9 MW/5.07 MWp capacity at Punnapur substation, worth Rs 202.8 million.
  
  

Synergy Wave had secured this capacity in February 2025, quoting a tariff of Rs 2.85 per kWh.

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) had originally invited bids in July 2024 for a 3,205 MW capacity. This was later revised to 2,553.5 MW under the RESCO model.

GP Eco’s work will cover design, engineering, supply, construction, erection, testing, and commissioning. It also includes construction of the bay, switchgear at substations, and comprehensive operations and maintenance (O&M) for 25 years.