Goodluck India secures significant solar support structure order from Apraava Energy

Goodluck India Limited has received an order for the supply of solar support structures from Apraava Energy Private Limited, a key player in the solar EPC sector. This contract, valued at Rs. 48.87 crores, is expected to be completed within six months. The company stated the order is at "arms-length" and that promoter/group companies have no interest in Apraava Energy Private Limited.

This order contributes to Goodluck India's current order book for this segment, which stands at approximately Rs. 400 crores. The company is strategically positioned to support the Indian government's target of generating 1800 GW through renewable energy sources by 2047, offering solar support structures, transmission tubes for solar trackers, and structures for transmission lines/substations.

Goodluck India, founded in 1986, specializes in engineering solutions and operates six manufacturing plants across Uttar Pradesh and Gujarat. It aims for a consolidated revenue of USD 1 billion over the next 3-5 years, driven by growth in its core business and expanding defence and aerospace segments.