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Gensol Engineering Wins Rs 301.5 Crore Contract for Solar Power Plant in Maharashtra

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Representational image. Credit: Canva

In a significant development, Gensol Engineering, a prominent construction engineering firm, proudly announced its latest triumph – securing a substantial contract valued at Rs 301.5 crore from the Maharashtra State Power Generation Co Ltd, commonly known as Mahagenco.

Growatt

This groundbreaking project is dedicated to the establishment and operation of a state-of-the-art solar power plant, representing a remarkable leap towards a greener and more sustainable future.

Gensol Engineering Ltd emerged victorious in a competitive bid, earning the mandate for the complete lifecycle of a cutting-edge 62 MWAC crystalline solar PV technology grid interactive solar PV power plant in the scenic state of Maharashtra. This monumental achievement was disclosed officially through a filing with the stock exchange.

Gensol Engineering, a distinguished entity within the renowned Gensol group of companies, is known for its unwavering commitment to delivering top-tier engineering, procurement, and construction (EPC) services for the development of advanced solar power plants.

Notably, Gensol has also expanded its portfolio by venturing into electric vehicle manufacturing with a facility in Pune. This strategic move is set to herald a new era of electric mobility, with a focus on the development and production of electric three-wheelers and four-wheelers.

Also Read  Dilip Buildcon Q4 FY26: EPC Business Remains Core Revenue Driver as Order Book Surges to ₹28,830 Crore Amid DBL 2.0 Transition

The contract awarded to Gensol Engineering not only signifies a significant stride in the renewable energy sector but also highlights the company’s dedication to shaping a more sustainable and eco-friendly future.


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