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Home » News » Gensol bags order worth INR 40 crore for rooftop solar project

Gensol bags order worth INR 40 crore for rooftop solar project 

By August 22, 2024 1:37 pm IST

Gensol bags order worth INR 40 crore for rooftop solar project 
.

Gensol Engineering receives an LOA for a 16 MWp rooftop solar project worth INR 40 Cr from a leading textile company. The repeat order, to be installed in Madhya Pradesh, will be commissioned within 6 months, expanding Gensol’s presence in the C&I segment.

Gensol Engineering Limited, a leading player in the renewable energy sector specialising in solar engineering, procurement, and construction (EPC) and electric mobility solutions, has received the Letter of Award (LOA) for the execution of a 16 MWp turnkey EPC rooftop solar project worth INR 40 Crore under commercial and industrial (C&I) segment from a leading textile company. This is a repeat order for Gensol, which will be installed in Madhya Pradesh and Gensol will commission the project in six months.

The project will utilise high-efficiency Bi-facial solar modules, strategically chosen to maximize energy output and ensure long-term durability. This innovative approach aligns perfectly with India’s ambitious renewable energy targets and contributes significantly to developing a robust green energy infrastructure.

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Led by solar power, renewable solutions are gaining traction in the C&I segment as they allow commercial establishments and industries to decarbonise their energy consumption, cut down carbon footprint, and embrace sustainability.

Commenting on the rooftop solar project order win, Shilpa Urhekar, Chief Executive Officer, Solar EPC (India), Gensol Engineering Ltd. said, “The repeat order from the leading textile company is a testament to Gensol’s ability to execute complex projects at scale in a seamless manner within stipulated timelines. When completed, this project will be amongst the biggest rooftop solar projects in India utilising a large rooftop area.”

By leveraging its expert design and execution capabilities, Gensol will ensure optimal capture and utilisation of solar energy that will help the customer make its manufacturing processes more sustainable and responsible.

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