Gensol Engineering Limited has completed the process of setting up a 160-megawatt solar power project at Bhavnagar in Gujarat at a cost of Rs 128 crore. The ground-mounted solar project for Continuum Green Energy has been set up on an engineering, procurement, and construction (EPC) basis.
"Gensol announces the successful completion of 160 MW solar installation in Bhavnagar valued at Rs 128 crore. This is the sixth major ground-mount project, alongside ground-mount solar projects in Karnataka, Haryana, Gujarat, and Jharkhand," the company said in an exchange filing.
Gensol Engineering said that the project will contribute significantly to the company's increasing solar EPC project portfolio. With this, its EPC order book has exceeded Rs 1,000 crore.
The company is a part of the Gensol group of companies which offers EPC services for the development of solar power plants. Over the years, Gensol has installed ground-mounted and rooftop solar power plants with a combined capacity of over 600 MW.
The company has also established an electric vehicle (EV) manufacturing facility in Pune.
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