November 6, 2024

Gensol Wins $92.7M Contract for Solar Park in Maharashtra

Gensol Engineering Limited has been awarded an EPC contract worth $92.7 million (Rs 7.8 billion) to build a 150 MW ground-mounted solar park in Maharashtra, India.

Gensol to Oversee the Full Lifecycle of the Solar Park

Gensol’s responsibilities will span the entire project lifecycle, from land acquisition to the meticulous design, engineering, procurement, and logistics phases.

The comprehensive scope covers manufacturing, supply, erection, testing, and commissioning of the 150 MW AC grid-connected solar park. It also includes developing the necessary power evacuation infrastructure to the STU substation.

Furthermore, the contract includes three years of operation and maintenance (O&M) services, covering the upkeep of the plant’s switchyard and extensive transmission infrastructure.

“We are deeply grateful for the trust placed in us by one of India’s leading public sector utilities. This significant project is a testament to Gensol’s growing expertise as a provider of comprehensive, end-to-end solar solutions. It will play a vital role in advancing India’s clean energy transition, aligning with our firm commitment to contributing to the right energy mix. We look forward to further collaborating with the state of Maharashtra to support and enhance India’s renewable energy goals,” said Shilpa Urhekar, Chief Executive Officer, Solar EPC(India), Gensol Engineering Ltd.

Solar Project Boosts Maharashtra’s Energy Goals & Gensol’s Expertise

This solar project aligns with a progressive policy from the Ministry of New and Renewable Energy (MNRE), introduced in April 2022 to strengthen Maharashtra’s energy infrastructure and advance India’s sustainable energy objectives. The contract award underscores Gensol’s expanding expertise and reliable track record in delivering renewable energy projects on schedule.

Gensol Engineering: Leading in Solar EPC and EV Solutions

Gensol Engineering Limited is a leading player in the renewable energy sector, specializing in solar power engineering, procurement, and construction (EPC) services as well as electric mobility solutions. With its skilled and diverse team of over 500 professionals, Gensol operates across Solar (Gensol Solar EPC in India and the Middle East and Scorpius Trackers), EV leasing (Let’sEV), and EV manufacturing (Gensol EV).

Gensol Solar EPC ranks among India’s top 10 EPC players and top 5 independent EPC providers, having successfully executed over 770 MW of solar projects—including rooftop, ground-mounted, and floating installations—across nearly every state in India.

Disclaimer: The information published here is aggregated from publicly available sources. PVknowhow.com does not guarantee the accuracy, completeness, or timeliness of the content. If you identify any incorrect or misleading information, please contact us so we can review and, if necessary, correct it.

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