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

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.


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  GERC Announces Revised ₹0.87/kWh Additional Surcharge Rates For Open Access Consumers For The Period October 1, 2023, To March 31, 2024

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.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.