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Incorporated in 1985, Gujarat Industries is a Public Limited company of the Government of Gujarat.The company is engaged in the business of Electrical Power Generation with a present installed generation capacity of 1184.40MW. The Company has a diversified portfolio of Thermal (Gas and Lignite), Wind, and Solar Power Plant Assets in the State of Gujarat.
Gujarat Industries Power Company Limited has informed the Exchange about commissioning of additional 105 MW out of 600 MW Solar Power Project (total capacity commenced 210 MW), located within the 2,375 MW Renewable Energy Park at Khavda, Great Rann of Kutch.
GIPCL received government approval for a 700-750 MW Lignite-based power plant at Valia. GUVNL's Board also gave in-principle approval to procure power for 25 years, pending regulatory nod. Positive for future capacity & revenue.