Gensol Engineering Secures Order Worth Rs 22.50 Crore in December

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(EPT): Solar energy solution provider Gensol Engineering has secured orders to develop 10.7MWp grid-connected ground-mounted & rooftop solar energy generating systems worth INR 22.50 crore in December.

According to company statement, “Gensol Engineering Limited Wins Purchase Orders to develop Grid-Connected Ground-mount and Rooftop Solar Power Generation Systems cumulating to 10.7 MWp”.

Gensol Engineering Limited has in December 2021, in the normal course of business, received purchase orders from its clients for the development of solar energy projects aggregating to a capacity of around 10.7 MWp in Gujarat, Karnataka & Madhya Pradesh (MP), according to the statement.

The total price of these projects is pegged at over INR 22.50 crore, exclusive of taxes, it said.

While most of the projects are for captive use of the clients, one of the projects is for third-party sale in Gujarat.

All these projects are slated for commissioning before March 31, 2022, and will entail a cumulative revenue of over INR 22.50 crore, exclusive of taxes.

As of December 29, 2021, the total order book stands at more than INR 131 crore following the closure of these projects.

Incorporated in 2012, Gensol Engineering is a part of Gensol group of companies, which offer EPC and solar advisory services.

Gensol Engineering is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision and other consulting services for solar power projects across many countries, including India.

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