Gensol Engineering Ltd. announced that its order book for engineering, procurement, and construction (EPC) services in the solar sector has reached Rs 5,424 crore as of October 31, 2024. The company stated that these projects include work for both Public Sector Undertakings (PSUs) and private sector clients, with completion expected within the next 12 to 18 months.
Gensol has also built a pipeline of bids exceeding the value of its current orders, suggesting future growth potential. Additionally, the company reported securing contracts for Battery Energy Storage Systems (BESS) under a Build-Own-Operate (BOO) model, diversifying its revenue streams within the renewable energy sector.
Chairman and Managing Director Anmol Singh Jaggi noted that the company’s order book demonstrates its readiness to undertake large-scale projects, with revenue visibility now exceeding Rs 10,000 crore.