Gensol Engineering Secures ₹967.98 Crore EPC Contract for 245 MW Solar Project in Gujarat
February 07, 2025
Ahmedabad: Gensol Engineering Limited has secured a contract from a renowned public sector undertaking for the development of a 245 MW Solar PV Project at the Khavda RE Power Park in Gujarat. The contract, valued at approximately INR 967.98 crores (including GST), also includes three years of comprehensive operations and maintenance (O&M) services, the company announced.
This marks Gensol’s second major project win at Khavda Solar Park in a short span. Earlier this month, the company secured an EPC contract worth INR 1,062.97 crores for a 275 MW Solar PV Project, part of a larger 795 MW Solar PV Development Package at the same location. With these two significant projects, Gensol will now be responsible for developing a total of 520 MW of Solar PV capacity at Khavda Solar Park, a site poised to become the world’s largest hybrid renewable energy park.
Anmol Singh Jaggi, MD and Chairman, Gensol Engineering, shared, “These back-to-back orders at Khavda Solar Park are a testament to Gensol’s commitment to delivering high-quality, sustainable energy solutions. India is on a remarkable journey towards energy independence, and renewable energy is at the forefront of this transformation. Gensol is proud to be a key contributor to this national endeavor.” DeshGujarat
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