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Gensol Engineering secures EPC contract worth Rs 967.98 crore

07 Feb 2025 Evaluate

Gensol Engineering has further solidified its position as a key driver of India's energy transition by securing a significant EPC contract. The company has been awarded a contract by a renowned public sector undertaking for the development of a 245 MW Solar PV Project at the prestigious Khavda RE Power Park in Gujarat. This contract, valued at approximately Rs 967.98 crore (inclusive of GST), includes three years of comprehensive O&M services.

This marks Gensol's second major project win at the Khavda Solar Park within a short span, underscoring the company's strong market presence and execution capabilities. Earlier this month, the company secured an EPC contract worth Rs 1062.97 crore for a 275 MW Solar PV Project--part of the larger 795 MW Solar PV Development Package--at the same location. With these two significant projects, Gensol will now be responsible for the cumulative development of 520 MW of Solar PV capacity at the Khavda Solar Park, a site poised to become the world's largest hybrid renewable energy park.

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.


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Company Name CMP
Larsen & Toubro 3853.80
Kalpataru Projects 1397.30
NCC 131.20
Rail Vikas Nigam 205.15
KEC International 391.80
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