Gensol Engineering Limited , a prominent player in the renewable energy sector specializing in solar power engineering, procurement, and construction (EPC) services, has been awarded a significant turnkey EPC contract by a leading public sector utility in Maharashtra. The contract, valued at INR 780 Crore, involves the development of a 150 MWac ground-mounted solar photovoltaic (PV) power plant, set to be executed over a period of 15 months.
Gensol will manage the entire project lifecycle, which includes the critical tasks of land acquisition, design, engineering, procurement, and logistics. The scope of the project encompasses the manufacturing, supply, erection, inspection, installation, testing, and commissioning of the solar PV power plant, along with the development of necessary power evacuation infrastructure to the state transmission utility (STU) substation. Additionally, the contract includes three years of operation and maintenance (O&M) services, covering the maintenance of the plant’s switchyard and extensive transmission infrastructure.
Shilpa Urhekar, Chief Executive Officer of Solar EPC (India) at Gensol Engineering Ltd., expressed gratitude for the trust placed in the company by one of India’s leading public sector utilities. “This significant project is a testament to Gensol’s growing expertise as a provider of comprehensive, end-to-end solar solutions. It will play a vital role in advancing India’s clean energy transition, aligning with our firm commitment to contributing to the right energy mix,” Urhekar stated.
The project aligns with the Ministry of New and Renewable Energy’s (MNRE) forward-looking policy introduced in April 2022, which aims to enhance Maharashtra’s energy infrastructure and contribute to India’s sustainable energy goals. The awarding of this contract to Gensol underscores the company’s proven track record and increasing expertise in delivering renewable energy projects on time.
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