Gensol Engineering Ltd successfully commissions 10.6 Mwp Single Rooftop Solar Project in Madhya Pradesh

Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a leading player in solar power EPC (engineering, procurement, and construction) services and electric mobility, today announced the successful completion of a significant 10.6 MWp rooftop solar project for Trident Limited in Madhya Pradesh. This project marks a major milestone for both companies, showcasing Gensol's expertise in sustainable energy solutions and propelling Trident Limited towards its clean energy goals.

The project utilises high-efficiency Bi-facial solar modules, strategically chosen to maximise energy output and ensure long-term durability. This innovative approach aligns perfectly with India's ambitious renewable energy targets and contributes significantly to the development of a robust green energy infrastructure.

Equipped with close to 20,000 solar panels, this colossal rooftop solar plant is estimated to generate enough clean energy to offset close to a staggering 11,000 tonnes of carbon dioxide emissions annually. By significantly reducing its reliance on fossil fuels for power generation, Trident Limited demonstrates exceptional environmental stewardship and makes a substantial contribution towards a cleaner future. This project serves as a powerful inspiration for other industries, paving the way for a more sustainable world powered by the sun.

Commenting on successful project commissioning, Mr. Ali Imran Naqvi, CEO (EPC Business), Gensol said, "This project ranks among the top five biggest rooftop solar ventures globally utilising a rooftop area exceeding 70,000 square meters. This massive project is a testament to Gensol's commitment to cutting-edge solutions and our ability to execute complex projects at scale. We are proud to collaborate with Trident Limited on this achievement, which not only positions them as a leader in sustainable manufacturing but also sets a powerful example for other industries worldwide."

By leveraging their expert design and execution capabilities, Gensol meticulously maximised the available rooftop space at Trident's Budhni plant, ensuring optimal capture and utilisation of solar energy.

The successful completion of this project exemplifies the transformative power of collaboration between leading companies. By embracing clean energy solutions like rooftop solar, Trident takes a giant leap towards environmental responsibility and reduces its carbon footprint.

Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 882.10 as compared to the previous close of Rs. 840.10. The total number of shares traded during the day was 21187 in over 396 trades.

The stock hit an intraday high of Rs. 882.10 and intraday low of 882.10. The net turnover during the day was Rs. 18689052.00.

Source : Equity Bulls

Keywords

GensolEngineering INE06H201014 RooftopSolarProject Trident MadhyaPradesh