Gensol Engineering Wins Rs 897 Crore Solar Project
Gensol Engineering secures a Rs 897 crore contract from NTPC REL for a 225 MW solar project in Gujarat. The project will be developed on EPC mode at GSECL Solar Park (Stage-III), Khavda.
New Delhi, Dec 26 (PTI) Gensol Engineering on Thursday said it has secured a Rs 897-core contract from NTPC Renewable Energy Limited (NTPC REL) for the development of 225 MW grid-connected solar projects.
The project is to be developed on EPC mode at GSECL Solar Park (Stage-III), Khavda located in the Rann of Kutch, Gujarat, the company said in a regulatory filing.
This contract entails the development of 225MW-AC (alternate current), equivalent to 276 MW DC (direct current), grid connected solar projects.
The total bid value for this project, including operations and maintenance (O&M) for a duration of three years, amounts to approximately Rs 897.47 crore, inclusive of taxes and duties.
The contract between NTPC REL and Gensol Engineering was executed last week.
The project is to be developed on EPC mode at GSECL Solar Park (Stage-III), Khavda located in the Rann of Kutch, Gujarat, the company said in a regulatory filing.
This contract entails the development of 225MW-AC (alternate current), equivalent to 276 MW DC (direct current), grid connected solar projects.
The total bid value for this project, including operations and maintenance (O&M) for a duration of three years, amounts to approximately Rs 897.47 crore, inclusive of taxes and duties.
The contract between NTPC REL and Gensol Engineering was executed last week.
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