MoneyWorks4Me

Gensol Engineering gets nod for new business initiative in EV

28 Dec 2021 Evaluate

Gensol Engineering has received approval for new business initiative in the Electric Vehicle (EV). The company has, till date, leased out a total of 181 EV Cars to reputed ride-hailing company operating its business in Gurugram, NCR and New Delhi regions. The company plan to add another 67 new EV Cars by the end of December 2021, while massive plans have been firmed up to add another 3000 EV cars to this fleet by the end of 2022.

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

Peers
Company Name CMP
Larsen & Toubro 3849.95
Kalpataru Projects 1387.95
NCC 132.20
Rail Vikas Nigam 205.35
KEC International 396.00
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