Gensol Engineering

Gensol Receives Order For Rs. 1783 Crores From Two Companies

Gensol Engineering Limited has received a total order of Rs. 1783 Cr. for two projects from solar EPC and Let’s EV. The company received an order for Rs. 1783 Crores at the beginning of the Financial Year (FY25), signaling a promising year. It received this order from one Solar EPC (India & Middle East including […]

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Gensol Engineering Secures Rs 520 Crore Solar Project in Maharashtra

Gensol Engineering Limited, an Indian solar power engineering, procurement, and construction (EPC) services and electric mobility company, has secured one of the largest-ever turnkey EPC orders in size and value from a leading power generation utility in the state of Maharashtra, the firm said today. The project involves developing a 100 MWAC/135 MWp ground-mount solar […]

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Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore

Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […]

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Gensol Engineering Raises Rs 900cr Equity Through Preferential Round

Gensol Engineering Limited, a renewable energy and electric mobility pioneer, today raised a significant Rs 900 crore (Rs 9 billion) equity capital through warrants convertible into equity shares on a preferential basis. This major milestone comes at a juncture when Gensol is on a growth trajectory and is leading the green energy and clean mobility […]

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Gensol Engineering Bags Two Solar EPC Projects in Dubai

Gensol Engineering, a firm that delves into solar advisory and execution services, has bagged two orders for solar EPC projects in Dubai, United Arab Emirates (UAE). “Gensol Engineering announced its two turnkey maiden international solar engineering, procurement, and construction (Solar EPC) projects with the Dubai Government Workshop Warehouse and the Dubai Police,” the firm said […]

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Amit Kumar Joins As The New CEO (EV Leasing) Of Gensol Engineering

Gensol Engineering Limited, the EPC arm of the Gensol Group, recently appointed Amit Kumar as its new Chief Executive Officer (CEO) for its Electric Vehicle (EV) Leasing Business. This arm of the company deals with leasing solutions to accelerate the faster adoption of electric vehicles in India both at the business and individual levels.  Kumar […]

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Gensol Wins NTPC NVVN’s 0.5 MW Solar PV Project at IIM Udaipur

Gensol Engineering Private Limited has bagged a 0.5 MW solar project tender floated by NTPC Vidyut Vyapar Nigam Ltd. Thr project is for the development of 0.5 MW (AC) grid connected ground mounted solar PV project at IIM-Udaipur Rajasthan under net-metering. The other bidders that participated in the competitive bidding included Rajasthan Electronics and Instruments […]

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PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles

CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […]

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Renewable Energy Industry Reactions on Interim Budget 2019

The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […]

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