Gensol Engineering bags Rs 139-crore solar power project from Sarda Energy
The scope of the contract covers a comprehensive set of responsibilities including design, engineering, procurement, and construction, along with the commissioning of the solar power facility, Gensol Engineering said.
Gensol Engineering Ltd (GEL) on Wednesday said it has bagged a Rs 139-crore solar power project in Chhattisgarh. The 33 megawatt (MW) solar power project has been awarded by Sarda Energy & Minerals Ltd (SEML), Gensol Engineering said in a statement.
The captive solar project will come up at SEML's Kharora plant in Chhattisgarh, it said, adding that the value of the project is Rs 138.72 crore.
The scope of the contract covers a comprehensive set of responsibilities including design, engineering, procurement, and construction, along with the commissioning of the solar power facility, Gensol Engineering said.
"Securing this project is an entry into the vast industrial landscape of Chhattisgarh which presents a dynamic market with immense potential for renewable energy integration," Gensol Engineering CEO Ali Imran Naqvi said.
The company is a part of the Gensol group of companies which offers engineering, procurement, and construction (EPC) services for the development of solar plants.
Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.