TAG: "Gensol Engineering "

News

Gensol Engineering PAT Up 6 Percent, Revenue at INR 345 Crore in Q3 FY25

Gensol Engineering reports strong Q3 FY25 results with a 30 percent revenue growth to INR 345 crore and a 6 percent rise in PAT to INR 18 crore. The company continues to secure major solar EPC contracts and expand its electric mobility business.

Gensol Engineering | February 13, 2025 | By EI News Network | 405

Gensol to Transfer 2,997 EVs to Refex eVeelz to Accelerate EV Adoption Across India

This strategic tie-up will involve Refex eVeelz assuming Gensol’s existing loan facility amounting to nearly INR 315 crore, streamlining operations, and enhancing the deployment of e4Ws across key markets, including Chennai, Bengaluru, Hyderabad, Mumbai, and Pune where Refex eVeelz currently operates.

Gensol Engineering | January 16, 2025 | By Aishwarya | 693

Gensol Secures 225 MW-AC Solar Projects Worth INR 897.47 Cr from NTPC REL in Gujarat

Gensol Engineering Ltd. has secured an EPC contract from NTPC Renewable Energy Ltd. for a 225 MW-AC solar PV project at GSECL Solar Park (Stage-III) in Gujarat's Rann of Kutch, valued at INR 897.47 crore.

Gensol Engineering | December 27, 2024 | By Mrinmoy Dey | 599

Gensol Engineering Bags 150 MWac Ground-Mounted Solar PV Project in Maharashtra

Gensol Engineering Ltd. has secured a 150 MWac Ground-Mounted Solar PV Project worth INR 780 crore from a public sector utility in Maharashtra. It has to be executed over a period of 15 months.

Gensol Engineering | November 04, 2024 | By Mrinmoy Dey | 719

Gensol Achieves 49 Percent Consolidated Revenue Growth, 52 Percent PAT Increase in H1 FY25

Gensol Engineering reported a 49 percent YoY rise in consolidated revenue and a 52 percent jump in profit after tax for H1 FY25. The key drivers include expanded EPC contracts, growth in solar and e-mobility segments, and strong operational cash flow improvements.

Gensol Engineering | October 28, 2024 | By EI News Network | 1101

Government Sanctions 3 Pilot Projects for Use of Hydrogen in Steel Production

The government has sanctioned three pilot projects to utilise hydrogen in steel production under the National Green Hydrogen Mission and has allotted INR 347 crore to support these projects, likely to be commissioned in next 3 years.

Gensol Engineering | October 18, 2024 | By Mrinmoy Dey | 1071

Gensol Engineering Bags AED 81.6 Mn Contract for 23 MWp Rooftop Solar Project in Dubai

Gensol Engineering has secured a contract worth AED 81.6 million (INR 186 crore) to design, construct, and manage rooftop solar PV systems for an aviation company's engineering facilities in Dubai, with a total installed capacity of 23,178 kWp.

Gensol Engineering | October 14, 2024 | By Mrinmoy Dey | 982

Gensol Engineering Acquires Gridstor Energy

Gensol Engineering aims to generate, develop, produce, and distribute power using wind, solar, renewable energy, and battery storage through this wholly-owned subsidiary Gridstor Energy

Gensol Engineering | September 07, 2024 | By EI News Network | 1891

Gensol Gets LoA for 16 MWp Turnkey EPC Rooftop Solar Project Worth INR 40 Crore

This is a repeat order for Gensol, which will be installed in Madhya Pradesh and Gensol will commission the project in six months. The project will utilize high-efficiency Bi-facial solar modules, strategically chosen to maximize energy output and ensure long-term durability.

Gensol Engineering | August 22, 2024 | By News Bureau | 927

Gensol-Matrix Consortium Secures 237 MW Under SECI's PLI Scheme for Electrolyser Manufacturing

The Gensol-Matrix consortium has secured a cumulative 300 MW capacity, including a prior 63 MW awarded in the first tranche of the SECI tender that equates to INR 450 Crore cumulatively incentive under the PLI scheme.

Gensol Engineering | August 14, 2024 | By Abha Rustagi | 1063