Gensol Engg hits the roof on bagging orders worth Rs. 153 cr.

Gensol Engineering were locked in an upper circuit of 5% at Rs. 1,706.65 after the company received various orders for building solar power projects worth Rs. 153 crore.

The purchase orders are for the development of solar power projects aggregating to a capacity of around 55.8 MWp in the states of Jammu & Kashmir, Gujarat, Punjab, Rajasthan, Tamil Nadu, and Telangana.

Five of these deals are based on full turn-key EPC model, while two are balance of system (BoS) projects. Similarly, while four projects are to be erected over land, the other three will be raised over the rooftops of the factories of the clients. The total value of these projects is Rs. 153 crore.

Gensol Engineering is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India.

BS