Synopsis:
GP Eco Solutions India Ltd surged to its 5 percent upper circuit after subsidiary Invergy India signed a multi-year supply contract with Shenzhen Sinexcel. The deal, finalized during the RE+ Exhibition in Las Vegas, secures advanced BESS testing equipment for India’s largest 3 GWh BESS facility.
A renewable energy stock soared in trade as investor confidence spiked following news of a strategic international supply partnership. The agreement is expected to accelerate India’s ambitions in large-scale battery energy storage, while reinforcing momentum in the country’s clean energy sector.
GP Eco Solutions India Ltd with a market capitalization of Rs. 645.43 crore, opened at Rs. 524 and climbed to Rs. 545.55, locking at its 5 percent upper circuit against a previous close of Rs. 519.60.
What’s the News?
Invergy India Private Limited, a wholly owned subsidiary of GP Eco Solutions India Ltd, has entered into a Memorandum of Understanding and a multi-year Supply Contract with Shenzhen Sinexcel Re Equipment Company Limited, a global leader in advanced BESS power electronics testers. The agreement was officially signed on September 10, 2025, during the RE+ Exhibition in Las Vegas, USA.
Under the contract, Invergy will procure advanced battery testing equipment for its upcoming 3 GWh Battery Energy Storage System (BESS) manufacturing facility in Uttar Pradesh. The company highlighted the deal as a strategic partnership that will help establish India’s largest integrated BESS testing and manufacturing ecosystem.
SINEXCEL-RE, a wholly-owned subsidiary of SINEXCEL, originated in 2012 as the company’s Battery Formation and Test System Business Unit. It is a high-tech enterprise specializing in power electronics, precision signal chain technology, data analysis, and human-machine interaction.
The company focuses on the research, development, manufacturing, and service of battery testing systems, power supplies, and related software, delivering accurate, reliable, and efficient battery testing solutions through close collaboration with its customers.
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Financial Snapshot
For the half-year period from September 2024 to March 2025 (H1FY25 to H2FY25), the company reported a total income of Rs. 163 crore, up 95.18 percent from Rs. 83 crore in H1FY25. Profit Before Tax (PBT) remained steady at Rs. 7 crore compared with Rs. 7 crore in H1FY25, while Net Profit increased 20 percent to Rs. 6 crore from Rs. 5 crore in H1FY25.
On a year-on-year basis, for the period from March 2024 to March 2025, total income rose 17.27 percent to Rs. 163 crore from Rs. 139 crore in the previous fiscal year. PBT declined 30 percent to Rs. 7 crore from Rs. 10 crore, while Net Profit remained flat at Rs. 7 crore compared with Rs. 7 crore in March 2024.
About the Company
GP Eco Solutions India Limited is a leading clean energy solutions provider, focused on distributing high-quality solar inverters and panels across North India. It is an authorized distributor for Sungrow, Saatvik, and LONGi, and also provides turnkey EPC services for residential and commercial projects. Through its proprietary brand “Invergy,” the company offers hybrid solar inverters and lithium ferro phosphate (LFP) batteries, supporting India’s transition to sustainable energy.
Written By Manan Gangwar
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