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05 November 2024

Daily Newsletter

05 November 2024

Gensol secures 150MW solar EPC project in India

The project, valued at Rs7.8bn, was awarded by a public sector utility in the state of Maharashtra.

Tiash saha November 04 2024

Gensol Engineering has secured a turnkey engineering, procurement and construction (EPC) order for a 150MW ground-mounted solar photovoltaic (PV) power plant in Maharashtra, India.

The project, valued at Rs7.8bn ($92.7m), was awarded by a public sector utility in the state.

Gensol will manage the complete project lifecycle, including land acquisition, design, engineering, procurement, logistics, construction and commissioning, over 15 months.

The contract also encompasses three years of operation and maintenance services, ensuring the longevity and efficiency of the plant's switchyard and transmission infrastructure.

Gensol Engineering Solar EPC (India) CEO Shilpa Urhekar stated: “We are deeply grateful for the trust placed in us 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. We look forward to further collaborating with the state of Maharashtra to support and enhance India’s renewable energy goals."

The initiative aligns with the Indian Ministry of New and Renewable Energy's (MNRE) policy launched in April 2022 to enhance Maharashtra's energy infrastructure and contribute to India's sustainable energy targets.

In October 2024, Gensol Engineering collaborated with Matrix Gas & Renewables to establish the first and largest green hydrogen-powered steel facility in India.

The collaboration is part of the National Green Hydrogen Mission and is supported by three pilot programmes sanctioned by Metallurgical & Engineering Consultants, in collaboration with the Ministry of Steel and the MNRE.

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