Gensol Engineering has, in the month of July, received a LOI from Odisha Renewable Energy Development Agency (OREDA) for providing 300 Electric Vehicles with Fleet Management Service on an Operating Lease for 5 years. The company has participated in this tender on behalf of its subsidiary Gensol EV Lease to provide Electric Vehicles on Lease to OREDA and was declared successful bidder as a part of tendering process. The cumulative billing value of this tender is Rs 115 crore exclusive of taxes.
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.
