MoneyWorks4Me

Gensol Engineering secures orders for development of solar power projects in three states

30 Dec 2021 Evaluate

Gensol Engineering has secured orders from reputed clients for the development of solar power projects aggregating to a capacity of around 10.7 MWp in the states of Gujarat, Karnataka and Madhya Pradesh. The cumulative price of these projects is pegged at over Rs 22.50 crore exclusive of taxes.

While most of the projects are for captive use of the clients, one of the projects is for third-party sale in the state of Gujarat. All these projects are slated for commissioning before March 31, 2022. As of December 29 2021, the cumulative order book stands at more than Rs 131.00 crore.

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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