Gensol Engineering Limited Secures Rs.301.5-Cr. Solar PV Project from MAHAGENCO
Biznextindia : Gensol Engineering Limited is delighted to announce its triumphant bid for the conceptualization, engineering, provisioning, installation, testing, and commissioning of a state-of-the-art 62 MWAC Crystalline Solar PV Technology Grid Interactive Solar PV Power Plant. Situated at Village Paras, Taluka Balapur, District Akola in Maharashtra, this initiative is a testament to Gensol’s expertise and commitment to renewable energy, as endorsed by Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) headquartered at ‘HDIL Tower’, Bandra (East), Mumbai. Piquantly, MAHAGENCO has envisioned the establishment of solar power facility in Maharashtra, echoing the sentiments of an impactful policy called “Flexibility in Generation of Thermal Power station through Bundling with Renewable Energy”, which was introduced by the Ministry of New and Renewable Energy in April 2022. Amplifying the project’s potential, Gensol Engineering Limited has the strategic advantage of integrating solar trackers—advanced technology that dynamically aligns solar panels with the sun, optimizing energy production. This capability is further bolstered by Gensol’s recent acquisition of Scorpius Trackers, a front-runner in solar tracker technology. This union not only augments Gensol’s technological prowess but also enhances its supply chain efficacy, promising seamless and efficient delivery of premium components.