GIPCL which had emerged as one of the successful bidders for the 75 MW solar power project in the e-reverse auction, has announced its commissioning
Gujarat Industries Power Company Ltd (GIPCL) today said it has commissioned a 75 MW solar power project in Gujarat in a phased manner.
GIPCL had earlier emerged as one of the successful bidders for the 75 MW solar power project in the e-reverse auction conducted by the Gujarat Urja Vikas Nigam Ltd in September 2017 for 500 MW solar power projects in the state.
GIPCL has commissioned the solar power project at Gujarat Solar Park, Village Charanka, Dist. Patan, Gujarat, in a phased manner on June 4, 2019, the company said in a regulatory filing.
Additionally, in May, GIPCL emerged as successful Bidder in e-reverse Auction for selection of Bidder for Gujarat Urja Vikas Nigam Limited’s (GUVNLs) Tender for 700 MW Solar (Phase III – R) dated 06.03.2019 for setting up 100 MW Solar Power Project at the Raghanesda Solar Park.
According to the official website, Gujarat Industries Power Company has 87 MW of total installed grid-connected solar PV plants with a majority of it in the Charanka Solar Park in Gujarat. The company also has a total of 112.4 MW of total wind power installed in the country; Porbandar holds its major portion of wind assets.
GIPCL was incorporated in 1985 as a Public Limited company with the backings of Government of Gujarat. The company is engaged in the business of Electrical Power Generation. The total present installed capacity of GIPCL is 1009.4 MW.
According to its official statement, the company is “aggressively pursuing various opportunities in Renewable Energy sector and planning to enhance in the segment of Solar, Wind along with leveraging in house expertise for services to other valuable clients through consultancy”. It further adds that GIPCL is also ‘actively pursuing’ further expansion in solar, wind and new opportunities arising out of recently announced Hybrid and other RE Policy suiting its ‘core competency’ and leverage its technical and financial assets to further expand and grow in the sector.
Pic courtesy: GPCL