Gensol Engineering Secures Rs 463 Cr Solar Plant Project in Gujarat

Gensol Engineering on Monday, July 29 has been awarded a contract for the Engineering, Design, Procurement, Erection, Testing, and Commissioning of a Rs 463 crore solar plant at Khavda RE Power Park in Gujarat. This project is expected to feature a fixed tilt module mounting structure and a comprehensive balance of system.

Key Takeaways from the Gensol Engineering Project Win

• Gensol Engineering has been granted a contract to engineer, design, procure, erect, test, and commission a solar plant at the Khavda RE Power Park in Gujarat.
• The cost of the project is estimated to be Rs 463 crore.

“We are excited to win this prestigious order from a leading IPP. This win demonstrates the trust in leadership of Gensol’s project management capabilities and execution expertise. Our understanding of customer needs, excellent engineering track record coupled with our commitment to deliver high-quality renewable solutions have been instrumental behind our string of wins”, Shilpa Urhekar, Chief Executive Officer, Solar EPC (India), Gensol Engineering Limited said. 

“As a result, we are currently executing solar projects for a number of marquee customers totaling approximately 1 GW. This is enabling us to create the foundation for an exciting future”, Urhekar added. 

About Gensol Engineering Limited

Gensol Engineering Limited, an operator in the renewable energy market, was founded in 2012 and specializes in electric mobility solutions as well as engineering, procurement, and construction services for solar power. Gensol has a diverse and experienced team of over 500 professionals, covering Solar and Scorpius Trackers, EV leasing, and EV Manufacturing. Gensol Solar EPC ranks among the top 10 EPC companies in India and is in the top 5 for independent EPC players, having successfully executed over 770 MW of diverse solar projects, including rooftop, ground mount, and floating solar installations across almost all Indian states. In September 2023, Gensol acquired Scorpius Trackers, a leading provider of innovative and reliable single-axis solar tracking solutions, to enhance its offerings in the renewable energy sector.

Venturing beyond solar, Gensol has established a cutting-edge electric vehicle manufacturing facility in Chakan, Pune, India, with an annual production capacity of 30,000 vehicles. These vehicles are meticulously designed and engineered to seamlessly integrate into urban fleet and cargo segments, with future plans for urban passenger use. The Automotive Research Association of India has certified Gensol EV's vehicle. In keeping with its goal of completely changing India's EV market, Gensol produces and provides all-inclusive EV leasing options for a wide range of customers, including PSUs, academic institutions, governments, multinational corporations, ride-hailing services, employee transport businesses, rental services, logistics, and last-mile delivery companies.

Gensol is adding to the future of battery energy storage systems in India by providing cutting-edge energy storage solutions paired with cutting-edge energy management systems, guaranteeing compliance with strict availability and efficiency standards. Gensol is making a significant impact on the Indian energy market with creative and sustainable solutions.

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