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Gensol Engineering Secures Orders Worth Rs 153 Crore to Build 58.8 MW Solar Projects

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Gensol Engineering Secures Orders Worth Rs 153 Crore to Build 58.8 MW Solar Projects

Gensol Engineering secured orders worth Rs 153.16 crore to build solar projects with a total capacity of 58.8 MW.

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In a regulatory filing the company said, it has received purchase orders from clients for the development of solar power projects aggregating to a capacity of around 58.8 MW in Jammu and Kashmir, Gujarat, Punjab, Rajasthan, Tamil Nadu and Telangana.

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The company said the cumulative order value for these projects is Rs 153.16 crore. It said that of the seven deals completed by Gensol, five were based on a full turnkey EPC (Engineering Procurement Build) model, while two were Balance of Systems (BoS) projects.

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Similarly, while four projects are to be erected over land, the other three will be raised over the rooftops of the factories of the clients.

Incorporated in 2012, Gensol Engineering is a part of Gensol group of companies, which offer EPC and solar advisory services.

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