Gensol Engineering Limited has announced its latest achievement—securing a major turnkey EPC contract valued at ₹780 crore. The project, awarded by a leading public sector utility in Maharashtra, involves the development of a 150 MWac ground-mounted solar PV power plant, anticipated to be completed over a 15-month period.
Under the terms of this comprehensive contract, Gensol will be responsible for the entire lifecycle of the project. This will begin with the challenging and crucial task of land acquisition, followed by precise design, engineering, and procurement processes. Gensol’s scope of work extends to manufacturing, supply, erection, inspection, installation, testing, and the commissioning of the solar plant. Additionally, the project includes the construction of the necessary power evacuation infrastructure to connect to the State Transmission Utility (STU) substation. After project completion, Gensol will provide three years of operation and maintenance (O&M) services, covering the plant’s switchyard and its associated transmission infrastructure.
Shilpa Urhekar, Chief Executive Officer of Solar EPC (India) at Gensol Engineering, expressed enthusiasm about the project: “We are deeply grateful for the trust placed in us by one of India’s leading public sector utilities. This significant project is a testament to Gensol’s growing expertise as a provider of comprehensive, end-to-end solar solutions. It will play a vital role in advancing India’s clean energy transition, aligning with our firm commitment to contributing to the right energy mix. We look forward to further collaborating with the state of Maharashtra to support and enhance India’s renewable energy goals.”
The contract aligns with the Ministry of New and Renewable Energy (MNRE)’s ambitious policy announced in April 2022, which aims to enhance Maharashtra’s energy infrastructure while contributing to India’s long-term sustainable energy goals.
