Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract worth ₹967.98 crore, inclusive of GST, for the development of a 245 MW Solar PV Project at the Khavda RE Power Park, Rann of Kutch, Gujarat. The contract, awarded by a leading public sector undertaking, also includes three years of comprehensive operations and maintenance (O&M) services.
This is Gensol’s second major project win at the Khavda Solar Park within a short period. Earlier, the company secured an EPC contract worth ₹1,062.97 crore for a 275 MW Solar PV Project at the same location. With both projects combined, Gensol is now responsible for developing a cumulative 520 MW of solar PV capacity at what is expected to become the world’s largest hybrid renewable energy park.
Key Highlights:
- Project Size: 245 MW
- Project Value: ₹967.98 crore (including GST)
- O&M Services: 3 years
- Location: Khavda RE Power Park, Rann of Kutch, Gujarat
Anmol Singh Jaggi, Managing Director and Chairman of Gensol Engineering, stated that the consecutive project wins at Khavda highlight the company’s commitment to supporting India’s renewable energy transition. Shilpa Urhekar, CEO of Gensol’s Solar EPC division, added that the projects reflect the trust in Gensol’s engineering expertise and its ability to deliver large-scale renewable projects on time.
With its strong presence in India’s renewable energy sector, Gensol aims to continue driving sustainable energy development by leveraging its expertise and innovative solutions, contributing significantly to India’s energy independence.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Renewable energy investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
