Gensol Engineering Avails Financial Assistance Rs19 Cr From ICICI Bank

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May 18, 2021 Anand Gupta

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Gensol is one of the leading consultants and system integrators for Solar Power Plants.

Gensol Engineering Limited has informed that the Company has paid Financial Assistance amounting Rs190 Million availing from ICICI Bank Limited from the internal accruals of the Company.

Financial Assistance of Rs190 Million was granted on 15th November 2019 for Cash Credit, Letter of Credit, Bank Guarantee and Derivative.Gensol Engineering provides concept to commissioning solar advisory, execution and operation services for solar projects in India and abroad.

Over the past decade, Gensol has built a credible reputation as a one stop solution for everything solar including Government policy makers, leading project developers, solar EPC Companies and leading institutions. Gensol is one of the leading consultants and system integrators for Solar Power Plants.