MoneyWorks4Me

Gensol Engineering receives orders worth Rs 277 crore in Q1FY24

05 Jul 2023 Evaluate

Gensol Engineering has in the first quarter of fiscal 2023-24 ended June 30, 2023 (Q1FY24) received orders from reputed clients for the supply of trackers and the development of solar power projects worth Rs 277 crore excluding taxes. These projects will be developed over land, water bodies and rooftops in the states of Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh. Interestingly, more than 95% of these projects are concentrated in the three states of Gujarat, Rajasthan and Maharashtra.

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 3879.00
Kalpataru Projects 1386.70
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 397.80
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