Gensol Engineering has secured the largest-ever turnkey EPC order in size and value from a leading power generation utility in the state of Maharashtra. The project involves the development of a 100 MWAC/135 MWp ground-mount solar PV power project across 500 acres in Maharashtra with a total order value of INR 520 crore. This monumental achievement underscores Gensol's leading position in the renewable energy sector.
The project aligns with futuristic policy introduced by the Ministry of New and Renewable Energy (MNRE) in April 2022 and is aimed to enhance Maharashtra's energy infrastructure while contributing significantly towards India's sustainable energy goals.
As a comprehensive end-to-end endeavour, Gensol's role spans the entire gamut of the project's lifecycle — from the intricate process of land acquisition, a significant undertaking that underlines the project's scale and complexity, to the meticulous aspects of design, engineering, procurement, and logistics. The scope further extends to an all-encompassing array of responsibilities, including civil and electrical engineering works, the securing of necessary permits, the installation and commissioning of the plant, and a commitment to three years of operational management, inclusive of maintenance for the plant’s switchyard and its extensive transmission infrastructure.
The awarding of this contract to Gensol underscores the company's rising competence and consistent on-time delivery of projects within the renewable energy domain. The company is well-positioned to deliver as per the tender's stipulation of a 450-day completion timeline.
Commenting on the new project with optimism, Ali Imran Naqvi, CEO of Gensol Engineering (EPC Business) said, "We are thankful for the trust shown by the leading state power generation utility in India in Gensol, it reflects our expanding expertise as a comprehensive provider of end-to-end solar solutions. This project will play a critical role in India’s clean energy transition and decarbonised future, and we stand 100% committed to this goal while bringing in the right energy mix. This victory underscores the team's unwavering dedication, serving as the powerful force propelling us forward on our shared path of progress. It also solidifies our reputation as a company built on robust fundamentals and an enduring drive to thrive and succeed.”
