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Gensol Engineering Wins Rs 22.50 cr Contract for Solar Power Systems

Gensol Engineering has bagged order to develop 10.7 MWp grid-connected ground-mounted and rooftop solar power generating systems worth Rs 22.50 crore in December, 2021.

 

Gensol Engineering has in December, 2021 received purchase orders from its clients for development of solar power projects aggregating to a capacity of around 10.7 MWp in 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 clients, one of the projects is for third-party sale in Gujarat.

 

All these projects are slated for commissioning before 31 March, 2022, and will entail a cumulative revenue of over Rs 22.50 crore, exclusive of taxes.

 

As of 29 December, 2021, the cumulative order book stands at more than Rs 131 crore following the closure of these projects.

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