Gensol Lands ₹7.8 Billion Solar Project in Maharashtra

• Gensol Engineering clinches a ₹7.8 billion solar park contract in Maharashtra, showcasing their expertise in complete solar solutions and sustainable energy growth.

Gensol Engineering Ltd has secured a contract worth INR 7.8 billion (USD 92.7 million) to build a 150-MW solar park in Maharashtra, India, for a public sector utility. The turnkey project will be executed over 15 months and includes key responsibilities such as land acquisition, design, engineering, procurement, and logistics, as well as the complete installation and commissioning of the solar facility.

Additionally, Gensol will manage the operation and maintenance of the solar park, including its switchyard and transmission infrastructure, for three years following its completion. Gensol’s CEO, Shilpa Urhekar, emphasized that this project highlights the company’s expanding capabilities in providing comprehensive solar solutions.

What are the key features and responsibilities of Gensol's new solar park project?

Key Features and Responsibilities of Gensol's New Solar Park Project:

• Project Scale: The solar park will have a total capacity of 150 megawatts (MW), contributing significantly to the region's renewable energy output.
• Financial Commitment: Gensol has secured a substantial investment of INR 7.8 billion (approximately USD 92.7 million), signaling a strong commitment to the development of sustainable energy infrastructure in India.
• Turnkey Solutions: The project operates as a turnkey solution, where Gensol will handle all phases—from conception to completion—ensuring streamlined communication and project management.
• Land Acquisition: Gensol will be responsible for acquiring the necessary land for the solar park, which is a critical first step in project development.
• Comprehensive Design and Engineering: The project includes detailed design and engineering phases, ensuring that the solar park meets all technical and regulatory specifications.
• Procurement and Logistics: Gensol will manage the procurement of solar panels and associated equipment, as well as the logistics involved in delivering and installing these materials on-site.Installation and Commissioning: The complete installation of solar modules and related infrastructure will be undertaken by Gensol, followed by rigorous testing and commissioning to ensure operational readiness.
• Operational Management: Post-completion, Gensol will oversee the operation and maintenance (O&M) of the solar park, ensuring optimal performance and reliability for three years.
• Infrastructure Management: In addition to the solar installations, Gensol will also manage the associated switchyard and transmission infrastructure, facilitating the integration of the solar energy into the local grid.
• Job Creation: The project is expected to generate local employment opportunities, from construction roles to long-term operational positions, contributing to the economic development of the region.
• Innovation and Sustainability: Emphasis on utilizing advanced technologies and sustainable practices throughout the project lifecycle, aligning with global trends in the renewable energy sector.
• Government Collaboration: The project involves collaboration with public-sector utilities, showcasing Gensol’s ability to work within frameworks established by regulatory and governmental entities to meet energy demands.
• Long-term Goals: This initiative aligns with India’s broader renewable energy targets, contributing to reduced carbon emissions and fostering a transition toward sustainable energy sources.