Moneycontrol PRO
HomeNewsBusinessGensol Engineering bags Rs 139 crore solar power project from Sarda Energy

Gensol Engineering bags Rs 139 crore solar power project from Sarda Energy

The 33 megawatt (MW) solar power project has been awarded by Sarda Energy & Minerals Ltd (SEML), Gensol Engineering said in a statement.

January 03, 2024 / 13:57 IST
Gensol Engineering bags Rs 139 crore solar power project from Sarda Energy

Gensol Engineering bags Rs 139 crore solar power project from Sarda Energy

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

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.

PTI
first published: Jan 3, 2024 01:55 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347