Goodluck Wins ₹468 Million Solar Module Mounting Structures Order

The company must execute the order within six months

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Ghaziabad-based Goodluck India has secured an order worth ₹468.7 million (~$5.60 million) from Apraava Energy for the supply of solar module mounting structures.

The company reported that it will be supplying approximately 70% of the module mounting structures for a 300 MW project in Rajasthan.

In its BSE filing, Goodluck India said the project must be executed in six months.

Goodluck India has an order book of approximately ₹4 billion (~$47.83 million) for the solar support/mounting structures segment.

The company also manufactures transmission tubes for the solar tracker industry, and structures for transmission lines and substations for power evacuation projects.

It operates six manufacturing plants across Uttar Pradesh and Gujarat, with a total capacity of 500,000 tons per annum.

Goodluck India is targeting a consolidated revenue of $1 billion over the next three to five years, with annual revenue and profit growth of 15% to 20%.

In January 2024, the company raised nearly ₹2 billion (~$23.9 million) through a qualified institutional placement of shares.

In June this year, Goodluck India emerged as one of the top five module mounting structure suppliers to the Indian solar market in 2024, according to Mercom’s India Solar Market Leaderboard 2025 report. It led the solar module mounting structure shipments with a market share of 25.3%.

Mounting structures with proper with proper alignment and tilt ensures optimal energy generation, maximizes sunlight capture, and improves overall efficiency across rooftop solar and ground-mounted projects. These structures must endure seasonal variations and the challenging conditions typical of solar power project sites.

Various initiatives, including government-supported solar programs such as Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan and PM Surya Ghar: Muft Bijli Yojana, as well as solar parks, and other utility-scale installations, have been driving the demand for mounting structures.

Last August, Apraava Energy bagged a transmission project to evacuate 5.5 GW of power from renewable energy zones in Rajasthan. The company emerged as the transmission service provider in the tariff-based competitive bidding process conducted by REC Power Development and Consultancy.

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