Deals25 Apr 2025, 09:33 pm
GSFC Starts Receiving Power from 25 MW Phase-1 of GIPCL's Solar Project
AI Summary
Gujarat State Fertilizers & Chemicals Ltd (GSFC) has started receiving power from the 25 MW Phase-1 of Gujarat Industries Power Company Limited's (GIPCL) 75 MW Vastan Group Captive Solar Project. The project, set up under Group Captive mode on a 50% sharing basis, is currently under stabilization. This development is expected to result in a reduction of the overall energy cost for the Company.
Key Highlights
- GSFC starts receiving power from 25 MW Phase-1 of GIPCL's Solar Project
- Project set up under Group Captive mode on 50% sharing basis
- 75 MW Vastan Group Captive Solar Project commissioned on 24.04.2025
- Project currently under stabilization
- Expected reduction in overall energy cost for the Company