New Launch30 Aug 2025, 03:41 pm
Gujarat Industries Power Company to Set Up 700-750 MW Lignite-based Power Plant at Valia
AI Summary
Gujarat Industries Power Company Ltd (GIPCL) has received approval from the Energy and Petrochemicals Department, Government of Gujarat, to establish a 700-750 MW Lignite-based Power Plant at Valia under Section 62 of the Electricity Act, 2003. The proposal has been approved on a 'nomination basis'. Furthermore, Gujarat Urja Vikas Nigam Limited (GUVNL) has granted in-principle approval for the procurement of power from GIPCL's proposed 700 MW Lignite-based Power Plant for a period of 25 years, subject to approval from the Gujarat Electricity Regulatory Commission (GERC).
Key Highlights
- GIPCL to set up a 700-750 MW Lignite-based Power Plant at Valia
- Approval received from the Energy and Petrochemicals Department, Government of Gujarat
- GUVNL grants in-principle approval for power procurement from the proposed plant
- Power procurement approval subject to GERC approval
- Plant to be established on a 'nomination basis'