Greenko, one of India’s largest Renewable Energy IPPs, ventured into Solar Power Development in 2016 with acquisition of SunEdison India’s portfolio. Gensol’s flexibility to place key resources at Greenko’s offices for a long time and immediate deployment led to Gensol’s appointment for Due Diligence before acquisition and for detailed engineering & Project Management during construction on these projects.
Greenko Energy is a major player in Solar, Wind, Hydro and Clean Fuels Energy projects and currently has over 2.5 GW of operating capacity. The confidence in execution and growth capabilities is also reflected in its shareholder base which includes sovereign wealth funds Government of Singapore Investment Corporation (GIC) and Abu Dhabi Investment Authority (ADIA).
Greenko till 2015 had majority of its portfolio in wind. It debuted in Solar projects with acquisition of SunEdison’s Indian assets including 500 MWac (860 MWp) project at Kurnool Solar Park in Andhra Pradesh. With a fast approaching deadline for execution, Greenko appointed Gensol for Due Diligence at the time of Project Acquisition, Detailed Engineering and Project Management. Gensol with its characteristic flexibility and speed deputed a team of 17 Civil and Electrical engineers for assisting Greenko on Detailed Engineering over a period of 8 months.
The group consisting of Team Leaders, Engineers and Draughtsman camped at Greeko offices in Hyderabad to work closely with their Engineering and Execution team. Greenko further trusted Gensol during execution as well deploying 34 Construction Managers & Engineers from Gensol on site for Project Management and Quality Check. This partner lead to building of the largest project in India as of August, 2017 in record breaking timeline.