Gujarat Industries Power Company bags 2 x 40 MW PPA with SECI

Gujarat Industries Power Company (GIPCL) has signed a power purchase agreements (PPAs) with Solar Energy Corporation of India for solar power projects in Gujarat.

GIPCL has entered into PPA with SECI for 2 x 40 megawatts Solar Power Projects in Gujarat Solar Park, Village Charanka, District Patan, under National Solar Mission (NSM) Phase-II, Batch IV.

Last month, Gujarat Industries Power Company received letters of intent (LoIs) from Solar Energy Corporation of India for execution of a solar power project in Gujarat. And GIPCL emerged as a successful bidder in the e-reverse auction for 40-MW solar power project in Gujarat Solar Park.