Gensol Engineering Secures INR 897 Crore EPC Contract For 225MW Solar PV Project At GSECL Solar Park In Gujarat

Gensol Engineering Limited, a leading player in the renewable energy industry with expertise in solar power engineering, procurement, and construction (EPC), has secured a major EPC contract from NTPC Renewable Energy Limited (NTPC REL). The contract involves developing a 225MW-AC (276 MWDC) grid-connected solar power project at the GSECL Solar Park (Stage-III) in Khavda, Gujarat, located in the Rann of Kutch.

The project is valued at around INR 897.47 crores, which includes the cost of operations and maintenance (O&M) for three years, with taxes and duties. The formal agreement between NTPC REL and Gensol Engineering was signed last week, marking a significant achievement in their shared goal to enhance India’s renewable energy capabilities.

Shilpa Urhekar, Chief Executive Officer, Solar EPC (India) at Gensol Engineering Ltd., mentioned, “We are thrilled to announce that we have been awarded the prestigious PV project contract by NTPC Renewable Energy Limited (NTPC REL) at GSECL SOLAR PARK (STAGE-III), located in the Rann of Kutch, Gujarat. This collaboration demonstrates the belief in Gensol’s leadership in project management proficiency and renewable expertise. Recognizing the customer needs, and excellent execution together with world-best technology and O&M expertise is what sets apart us from other EPC players. This order is paramount for fulfilling India’s escalating need for clean and sustainable energy, in line with the government’s vision to fulfill this need. We remain pledged to make our utmost contributions in all respects.”