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Gensol Secures ₹277 Crore Orders for Solar Power Projects in Q1 FY24

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Representational image. Credit: Canva

Gensol Engineering Limited, a leading engineering company, has reported receiving significant orders in the first quarter of fiscal year 2023-24. The orders, totaling approximately ₹277 crores, include the supply of trackers and the development of solar power projects. These projects are slated to be implemented across various states in India, namely Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Rajasthan, and Uttar Pradesh.

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Notably, the majority of these projects, accounting for over 95% of the total, will be concentrated in Gujarat, Rajasthan, and Maharashtra. The diverse project locations encompass land, water bodies, and rooftops, highlighting Gensol’s commitment to exploring different avenues for solar power generation.

With a cumulative value of approximately ₹277 crores, these projects are poised to contribute significantly to the renewable energy landscape in India. Gensol Engineering Limited continues to solidify its position as a key player in the solar power sector with its ongoing efforts in project development and the supply of cutting-edge trackers.

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