Gensol Engineering Limited's Subsidiary Gensol EV Lease Bags Order for 500+ EV Cargo Vehicles

Gensol Engineering Limited offers engineering, procurement and construction (EPC), and solar advisory services. The Company’s segments include EPC of Solar plant and Leasing of electric vehicles. It is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across several geographies, including India. It provides advisory services to project developers, institutions, solar EPC companies and government policymakers. The Company operates through three segments: EPC, EV Leasing and EV Manufacturing. The EPC segment manages turnkey engineering, construction and procurement contracts internationally. EV Leasing is engaged in the business of buy-and-lease of electric vehicle (EV) cars with multiple logistics and ride-hailing platforms. The EV Manufacturing segment is setting up an EV car manufacturing unit in Pune with a capacity of approximately 12000 cars per year in the first phase.