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Gensol Engineering bags Rs 302-cr contract from Mahagenco – EQ

Gensol Engineering bags Rs 302-cr contract from Mahagenco – EQ

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In Short : Gensol Engineering Limited, a prominent solar consulting and engineering company in India, has secured a significant contract worth Rs 302 crore from Maharashtra State Power Generation Company Limited (Mahagenco). Under this contract, Gensol Engineering will be responsible for providing comprehensive Operation and Maintenance (O&M) services for various solar power projects across Maharashtra. This substantial contract reflects Gensol Engineering’s expertise and reinforces its position as a leading player in the solar energy sector in India.

In Detail : The company is a part of the Gensol group of companies which offers engineering, procurement, and construction (EPC) services for the development of solar power plants.

Construction engineering company Gensol Engineering on Wednesday said that it has bagged a contract worth Rs 301.5 crore from Maharashtra State Power Generation Co Ltd (Mahagenco).

The latest contract is for the installation and commissioning of a solar power plant.

Gensol Engineering Ltd has won “bid for the conceptualisation, engineering, provisioning, installation, testing, and commissioning of a state-of-the-art 62 MWAC crystalline solar PV technology grid interactive solar PV power plant …in Maharashtra,” the company said in a stock exchange filing.

The company is a part of the Gensol group of companies which offers engineering, procurement, and construction (EPC) services for the development of solar power plants. Gensol has also established a electric vehicle manufacturing facility in Pune to develop and produce electric three-wheelers and four-wheelers.

Anand Gupta Editor - EQ Int'l Media Network