Gensol Engineering has announced the receipt of an EPC contract worth Rs 967.98 crore for the development of a 245 MW solar photovoltaic (PV) project at the Khavda RE Power Park in Gujarat. The contract value, inclusive of GST, also covers three years of full operations and maintenance services, as stated by the company.
The project has been awarded to Gensol by a prominent public sector organization, marking a significant milestone in the company’s growing portfolio of renewable energy initiatives. This development follows a similar achievement earlier in the month, where Gensol secured a Rs 1,062.97 crore EPC contract for a 275 MW solar PV project at the same location, which is part of a broader 795 MW solar development.
With these two major contracts, Gensol will oversee the construction of a combined 520 MW of solar power capacity at the Khavda Solar Park, which is set to become the world’s largest hybrid renewable energy park.
Commenting on the success, Anmol Singh Jaggi, Managing Director and Chairman of Gensol Engineering, emphasized, “These back-to-back projects at Khavda Solar Park demonstrate our unwavering commitment to delivering high-quality, sustainable energy solutions.” Gensol Engineering, established in 2012, is a prominent player in the renewable energy industry, specializing in solar EPC services and electric mobility solutions.
Gensol Engineering Ltd. is a leading provider of renewable energy solutions, specializing in solar energy consulting, project management, and execution services. With a focus on innovation and sustainability, Gensol offers end-to-end solutions for solar power projects, including feasibility studies, design, engineering, procurement, and construction.
The company also provides advanced asset management and O&M (Operations and Maintenance) services, ensuring the optimal performance of solar installations. Leveraging its expertise, Gensol has played a pivotal role in advancing clean energy adoption across diverse sectors, contributing to India’s renewable energy targets and supporting the global transition to sustainable energy.
