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Gensol Engineering Limited has solidified its position in India’s renewable energy landscape by securing a significant turnkey Engineering, Procurement, and Construction (EPC) contract. Awarded by a leading public sector utility, the deal is valued at Rs 7.8 billion (approximately $92.7 million) and entails the development of a 150 MWac ground-mounted solar photovoltaic (PV) power plant in the state of Maharashtra.
Comprehensive Project Oversight from Start to Finish
The contract entrusts Gensol with end-to-end responsibility for the solar park’s entire lifecycle. The scope of work is extensive, beginning with land acquisition and moving through detailed design, engineering, and supply chain management. Gensol will also handle all manufacturing, supply, erection, testing, and final commissioning of the grid-connected facility. A crucial part of the project involves building the necessary power evacuation infrastructure to connect the plant to the State Transmission Utility (STU) substation. Following completion, Gensol will provide three years of comprehensive operation and maintenance (O&M) services, ensuring the long-term performance of the plant, its switchyard, and transmission systems.
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A Boost for India’s Clean Energy Ambitions
This project is a key contributor to Maharashtra’s energy infrastructure and aligns with India’s broader sustainable energy goals, which are supported by policies from the Ministry of New and Renewable Energy (MNRE). Shilpa Urhekar, CEO of Solar EPC (India) at Gensol Engineering Ltd., commented on the achievement: “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.”
Urhekar added, “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.”
Gensol’s Expanding Portfolio
Gensol Engineering Limited is a diversified company with a strong presence in both the solar EPC and electric mobility sectors. With a team of over 500 professionals, the company operates across its Solar EPC division in India and the Middle East, Scorpius Trackers, EV leasing (Let’sEV), and EV manufacturing (Gensol EV). The company ranks among India’s top EPC players, having successfully delivered over 770 MW of solar projects, including ground-mounted, rooftop, and floating installations across the country.
Gensol Wins $92.7M Contract for Solar Park in Maharashtra
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