Gensol Engineering has announced the acquisition of a major turnkey solar project. The company will develop a 22 MW ground-mounted solar photovoltaic (PV) power plant for a leading steel products company in Punjab. The contract is valued at ₹88 crore and is scheduled for completion within six months.
This landmark project marks Gensol’s entry into large-scale solar ventures and involves the use of high-efficiency bifacial solar modules. These state-of-the-art modules have been strategically chosen to maximise energy output while ensuring long-term durability, aligning with India’s ambitious renewable energy goals and contributing to a robust green energy infrastructure.
Shilpa Urhekar, Chief Executive Officer of Solar EPC (India) at Gensol Engineering Ltd., expressed gratitude and enthusiasm for the opportunity, stating: “We are deeply grateful for the trust placed in us by the customer. This significant project is a testament to Gensol’s growing expertise as a provider of comprehensive, end-to-end solar solutions for commercial, industrial, and corporate clients to meet their sustainability and energy transition commitments. It will play a vital role in advancing India’s clean energy transition, aligning with our firm commitment to contributing to the low-carbon energy mix. We look forward to further collaboration with the state of Punjab and the steel industry to support India’s renewable energy goals and decarbonise the supply chain and manufacturing.”
The project highlights the increasing adoption of renewable energy solutions in the commercial and industrial (C&I) segments. Solar energy offers a sustainable pathway for industries to decarbonise energy consumption, reduce carbon footprints, and embrace environmentally responsible practices.
With its proven design and execution capabilities, Gensol aims to ensure optimal capture and utilisation of solar energy, enabling the client to enhance the sustainability of its manufacturing processes. This contract award underscores Gensol’s growing reputation and track record in delivering renewable energy projects on time and with exceptional quality.
As India accelerates its clean energy initiatives, projects like these reflect the critical role of innovative solar solutions in decarbonising the industrial sector and driving sustainable development.
