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Updated January 3rd, 2024 at 13:44 IST

Gensol Engineering wins Rs 139 crore solar power project in Chhattisgarh

The contract marks a strategic foray for Gensol Engineering into the Chhattisgarh market

Reported by: Business Desk
Edited by: Rajat Mishra
Solar Park
Solar Park | Image:Unsplash
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Capital Influx for Solar Power in Chattisgarh: Gensol Engineering Limited, founded by BluSmart co-founder Anmol Singh Jaggi, has been awarded a contract for a 33 MW AC solar power project by Sarda Energy & Minerals Ltd (SEML) in Chattisgarh.

The contract marks a strategic foray for Gensol Engineering into the Chhattisgarh market, for future growth and opportunities in the region.

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SEML, a leader in steel production and India’s top exporter of ferro alloys, will be deploying new energy solutions in SEML’s Kharora plant in Chhattisgarh as part of the deal, as per a regulatory filing.

The contract is scheduled for completion within a 6-month timeline and includes design, engineering, procurement, and construction, along with the commissioning of the solar power facility.

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Ali Imran Naqvi, CEO (Head – BD & Projects) of Gensol Engineering Limited, commented, “Securing this project is not just a milestone for us but also an entry into the vast industrial landscape of Chhattisgarh. This project aligns with our vision to tap into such high-growth areas and to contribute to a greener, cleaner tomorrow.”

Founded in 2012, Gensol Engineering Limited is a part of the Gensol group of companies and offers engineering, procurement, and construction (EPC) services for the development of solar power plants.

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Gensol also has an electric vehicle (EV) manufacturing facility in Pune, India for the development and production of electric three-wheelers and four-wheelers.

Gensol offers comprehensive EV leasing solutions as part of BluSmart and also serves a diverse range of B2B customers, including PSUs, government bodies and ride-hailing companies.

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Published January 3rd, 2024 at 11:41 IST

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