Gensol Engineering Wins Rs 897-Crore Solar Project Contract from NTPC REL

Gensol Engineering has secured a significant contract worth Rs 897 crore from NTPC Renewable Energy Limited (NTPC REL) to develop a 225 MW grid-connected solar project. This project represents a major milestone in advancing solar energy infrastructure in India.

Project Location and Scope

The solar project will be developed at the GSECL Solar Park (Stage-III) in Khavda, located in the Rann of Kutch, Gujarat. The contract includes the engineering, procurement, and construction (EPC) of a 225 MW-AC solar installation. This equals 276 MW-DC and connects to the grid.

Timeline and Responsibilities

Gensol Engineering will also handle operations and maintenance (O&M) as part of the agreement. The entire project, including O&M services, is scheduled for completion within a span of three years.

Contract Finalization

The contract was officially executed last week between NTPC REL and Gensol Engineering. This marks the beginning of an ambitious renewable energy initiative.

Advancing Renewable Energy Goals

As reported by projectstoday, this project underscores the commitment of both companies to accelerating the adoption of sustainable energy solutions. By leveraging their expertise, NTPC REL and Gensol Engineering aim to contribute significantly to India’s renewable energy targets.