New Launch27 Feb 2026, 05:51 pm
Gail (India) Ltd to Set Up a Greenfield 178.2 MW Wind Project in Maharashtra
AI Summary
Gail (India) Ltd, in its board meeting held on 27.02.2026, has approved the setting up of a new Greenfield 178.2 MW wind project in Maharashtra. The company currently has an existing capacity of 117.95 MW, which is operating at full capacity. The proposed capacity addition of 178.2 MW is expected to be added within 24 months from the award of the LSTK contract. The investment required for this project is INR 1,736.25 Crores, which will be financed through a combination of debt and equity. This decision is part of the company's business growth strategy.
Key Highlights
- Gail (India) Ltd to set up a new Greenfield 178.2 MW wind project in Maharashtra
- Existing capacity is 117.95 MW, operating at full capacity
- Proposed capacity addition of 178.2 MW to be added within 24 months from the award of the LSTK contract
- Investment required is INR 1,736.25 Crores, to be financed through debt and equity
- Decision is part of the company's business growth strategy