Gensol Engineering secures Rs 302 Cr deal with Mahagenco

Gensol Engineering secures Rs 302 Cr deal with Mahagenco

In a significant development, Gensol Engineering, a prominent construction engineering firm, announced on Wednesday its triumph in securing a substantial contract valued at Rs 301.5 crore from the Maharashtra State Power Generation Co Ltd, commonly known as Mahagenco.

This exciting venture is centered around the establishment and activation of a cutting-edge solar power plant, marking a substantial stride toward a greener and more sustainable future.

Gensol Engineering Ltd successfully clinched the bid for the design, engineering, provisioning, installation, rigorous testing, and commissioning of an advanced 62 MWAC crystalline solar PV technology grid interactive solar PV power plant in the picturesque state of Maharashtra. This remarkable milestone was revealed through an official disclosure filed by the company with the stock exchange.

Gensol Engineering stands as a distinguished entity within the renowned Gensol group of companies, committed to providing top-notch engineering, procurement, and construction (EPC) services for the development of state-of-the-art solar power plants.

Furthermore, it’s noteworthy that Gensol has expanded its horizons by establishing an electric vehicle manufacturing facility in Pune. This initiative is set to bring forth a new era of electric mobility, featuring the development and production of electric three-wheelers and four-wheelers.

About Gensol Engineering:

Gensol Engineering Ltd. (GEL) stands at the forefront of the solar and renewable energy sector, offering expert advisory services to project developers, institutions, solar EPC firms, and government policymakers.

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