Gensol Engineering Limited, a leading name in the renewable energy sector specializing in solar power engineering, procurement, and construction (EPC) services, has been awarded a significant EPC contract by NTPC Renewable Energy Limited (NTPC REL). The project involves the development of a 225MW-AC (equivalent to 276MWDC) Grid-Connected Solar PV Project at the GSECL Solar Park (Stage-III) located in the Rann of Kutch, Gujarat.
The total contract value, including operations and maintenance (O&M) for three years, stands at approximately ₹897.47 crore, inclusive of taxes and duties. The agreement was formally signed last week, marking a crucial milestone for both organizations in advancing India’s renewable energy infrastructure.
Shilpa Urhekar, Chief Executive Officer, Solar EPC (India) at Gensol Engineering Ltd., expressed her enthusiasm about the project, stating, “We are thrilled to announce that we have been awarded the prestigious PV project contract by NTPC Renewable Energy Limited at GSECL Solar Park (Stage-III). This collaboration underscores the trust placed in Gensol’s leadership, project management proficiency, and renewable energy expertise. Our ability to recognize customer needs and deliver exceptional execution with world-class technology and O&M expertise sets us apart in the EPC landscape.”
The project aligns with India’s vision for clean and sustainable energy and contributes significantly to the nation’s renewable energy goals. Gensol remains committed to delivering excellence and supporting the country’s transition towards a greener future through innovative energy solutions.
This contract strengthens Gensol’s position as a key player in the renewable energy sector, underscoring its capabilities in delivering large-scale solar infrastructure projects with precision and efficiency.