Gensol Engineering Ltd appoints Mr. Kapil K Nirmal as CEO for Middle East, Solar EPC business

Gensol Engineering Limited (BSE: 542851, NSE: GENSOL) ("Gensol" or the "Company"), a leader in the fields of solar power engineering, procurement, and construction (EPC) services, along with electric mobility, welcomes Mr. Kapil K Nirmal as CEO, Gensol Engineering Limited, Middle East to lead its Solar EPC business operations in the region.

In his new role, Mr. Nirmal will spearhead the region's expansion for Gensol navigating market complexities, ensuring sustainable growth, and establishing Gensol as a prominent player in the Middle East solar PV sector. He has over 18 years of experience in business development, new market establishments, and avenues, along with the successful implementation of key projects, having held several positions across top organisations like Emirates Electrical Engineering LLC, Al Rostamani Group, Siraj Power Contracting LLC and Amplus Energy Solutions.

Gensol has a distinguished track record of over 600 MW in diverse solar projects, including rooftop, ground-mounted, and floating installations across India. These projects have been completed for a wide range of clients, including commercial, industrial, and public sector units, under both turnkey and balanceof-system arrangements. As a recent entrant in the Middle East region, Gensol already secured early successes in UAE, due to its strong credentials in India.

His experience in creating strategies for developing 5 GW+ Solar PV projects globally, along with designing and engineering experience of 1 GW+ Solar PV will be vital to Gensol's success in the region.

"We at Gensol are at a hyper-growth phase, with trust and commitment shown on us in India, the initial successes in UAE, and Mr. Nirmal's appointment will help us continue our strategic growth and expansion in the Middle East." shared, Anmol Singh Jaggi, Managing Director, Gensol Engineering Ltd.

"I am delighted to join Gensol and be a part of this highly motivated and passionate team, who thrive on providing clean energy solutions. We are confident to create greener footprints in region and help build Gensol's name by developing key projects with our partners in the public and private sectors." added Mr. Kapil K Nirmal, CEO, Gensol Engineering Ltd. - Middle East for Solar EPC business.

Mr. Nirmal is an alumnus of the University of Cambridge and IIM Calcutta. He has done a specialised course in Business and Climate Change: Towards Net Zero Emissions from Cambridge Institute for Sustainability Leadership from University of Cambridge, and has received a certification for Emerging Sustainable Technology Expert by The European Energy Center (EEC).

Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 916.85 as compared to the previous close of Rs. 965.10. The total number of shares traded during the day was 62864 in over 3549 trades.

The stock hit an intraday high of Rs. 949.00 and intraday low of 916.85. The net turnover during the day was Rs. 58005288.00.

Source : Equity Bulls

Keywords

GensolEngineering INE06H201014 CEO MiddleEast SolarEPCBusiness