Gensol Engineering has acquired Scorpius Trackers, which is one of
India's largest providers of single-axis solar tracker solutions.
This acquisition strengthens Gensol Engineering's position as a leading provider of end-to-end renewable energy solutions and is a part of its strategy to expand its portfolio by spreading wings across new geographies.
With this strategic addition, it is estimated that the combined revenue of Gensol Solar division will reach Rs 2300 crore in FY24.
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