Gensol Secures Rs.780 Cr Solar Project

Gensol Engineering has secured a substantial Rs.780 crore contract to develop a 150 MW solar power project in Maharashtra, reflecting its expanding role in India’s renewable energy sector.

This project aligns with the state’s broader push toward sustainable power sources and forms part of India’s commitment to renewable energy targets.

The project is expected to enhance Maharashtra’s renewable energy capacity significantly and aid in reducing carbon emissions, contributing to India’s clean energy goals. Gensol’s involvement includes the full spectrum of project responsibilities, from engineering and design to procurement, construction, and commissioning. With increasing demand for renewable projects, this contract strengthens Gensol's position in the competitive solar market.

Additionally, the project will provide substantial employment opportunities and promote eco-friendly energy alternatives in the region. Completion of the project will contribute to Maharashtra’s energy mix, creating a pathway toward sustainable development and supporting local communities.

Related Stories

Gensol Engineering Reports 29% Rise in Q2 Net Profit
Rajasthan Unveils Investment Promotion Scheme 2024 for Renewable Energy
Anmol Jaggi Increases Stake in Gensol
Karnataka Seeks Rs.5,000 Crore World Bank Aid for Disaster Resilience
JSW Group and POSCO to Establish Greenfield Steel Plant in Keonjhar