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HomeGensol Engineering Limited

Gensol Engineering Limited

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Financings

Gensol Engineering secures Rs 3.5 billion for Scorpius Trackers’ US subsidiary

February 26, 2025

Gensol Engineering Limited has signed a non-binding term sheet for a Rs 3.5 billion strategic transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a major renewable energy solutions provider in the […]

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Financings

Gensol Engineering declares Q3 FY 2024-25 results

February 13, 2025

Gensol Engineering Limited has announced its third-quarter results for financial year 2024-25 (Q3 FY 2024-25), ending on December 31, 2024. For Q3 FY 2024-25, the total revenue stood at Rs 3.45 billion, reflecting a 30 […]

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Projects

Gensol bags Rs 9.67 billion EPC contract for 245 MW solar project at Khavda RE Power Park

February 7, 2025

Gensol Engineering Limited has been awarded an engineering, procurement, and construction (EPC) contract valued at approximately Rs 9.679 billion, inclusive of goods and services tax, for a 245 MW solar photovoltaic project at the Khavda […]

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Projects

Refex Green Mobility to acquire Gensol’s 2,997 EVs and associated debt of Rs 3.15 billion

January 17, 2025

Refex Green Mobility Limited will acquire 2,997 electric four-wheelers from Gensol Engineering Limited as part of a strategic tie-up. The agreement involves the transfer of an associated term loan of Rs 3.15 billion, streamlining operations […]

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Projects

Gensol secures Rs 8.97 billion contract for 225 MW solar project

December 27, 2024

Gensol Engineering Limited (Gensol) has secured a contract valued at  Rs 8.97 billion from NTPC Renewable Energy Limited for the development of a 225 MW AC grid-connected solar project. The project will be executed on […]

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Projects

Gensol Engineering secures 22 MW ground-mounted solar project in Punjab

December 19, 2024

Gensol Engineering Limited has been awarded a turnkey solar project by a steel products company in Punjab. The project involves the development of a 22 MW ground-mounted solar photovoltaic (PV) power plant with a total […]

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Projects

Gensol Engineering-Matrix Gas to develop bio-hydrogen project

September 5, 2024

A consortium of Gensol Engineering Limited and Matrix Gas and Renewables Limited has bagged a contract to develop India’s first bio-hydrogen project. The project is worth Rs 1.64 billion and once operational, is expected to […]

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Projects

Gensol Engineering bags 247 MWp of solar projects

February 20, 2023

Gensol Engineering Limited, an Ahmedabad-based solar EPC and advisory services provider received purchase orders for over 247 MWp of solar power capacity across eleven states. These projects will be developed in Andhra Pradesh, Haryana, Gujarat, […]

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