Gensol Engineering Limited Secures a Solar PV Project in Maharashtra

by Psu Connect
Date: 23-03-24

Gensol Engineering Ltd. has in the normal course of business, received the largest-ever turnkey EPC order from a leading power generation utility in Maharashtra. The order value of this project is pegged at Rs 520 crore including taxes.

Gensol Engineering Limited Secures a Solar PV Project in Maharashtra

Gensol Engineering Limited, a pioneer in solar power engineering, procurement, and construction (EPC) services and the electric mobility sector, has secured the largest-ever turnkey EPC order in size and value from a leading power generation utility in Maharashtra. The project involves the development of a 100 MWAC/135 MWp ground-mount solar PV power project across 500 acres in Maharashtra with a total order value of Rs 520 Crore.

This monumental achievement underscores Gensol's leading position in the renewable energy sector.

The project aligns with the futuristic policy introduced by the Ministry of New and Renewable Energy (MNRE) in April 2022 and aims to enhance Maharashtra's energy infrastructure while contributing significantly towards India's sustainable energy goals.

The awarding of this contract to Gensol underscores the company's rising competence and consistent on-time delivery of projects within the renewable energy domain. The company is well-positioned to deliver as per the tender's stipulation of a 450-day completion timeline.

Gensol Engineering Limited, the flagship company within the Gensol group, specializes in engineering, procurement, and construction (EPC) services, focusing on the solar power sector. Boasting a robust team of over 240 professionals, Gensol has demonstrated expertise in executing turnkey projects globally, having installed both ground-mounted and rooftop solar installations totaling more than 600 MW.