GAIL To Invest Rs 3,800 Cr On Solar Power Generation In UP, Maharashtra
Issuing a statement, the firm also said it would develop a 600-MW solar project with a 550-MWh battery energy storage system at the TUSCO Solar Park in Jhansi, primarily to meet the captive power needs of its petrochemical plant at Pata in Uttar Pradesh
New Delhi: State-owned gas utility firm Gail (India) Limited on Tuesday said it would invest Rs 3,800 crore in setting up 700 MW of solar power capacity across Uttar Pradesh and Maharashtra, as part of its push towards clean energy and net-zero goals. The projects are aimed at boosting renewable energy capacity and ensuring round-the-clock power supply through integrated storage solutions.
Issuing a statement, the firm also said it would develop a 600-MW solar project with a 550-MWh battery energy storage system at the TUSCO Solar Park in Jhansi, primarily to meet the captive power needs of its petrochemical plant at Pata in Uttar Pradesh. “It will also set up a 100-MW solar project with a 22-MWh storage system in Chhatrapati Sambhaji Nagar, Maharashtra, to cater to its PDH-PP plant in Raigad,” the company said.
Upon commissioning, Gail’s installed renewable energy capacity is expected to rise to over 1,000 MW from the current 147 MW. “The move aligns with its strategy to expand its green energy portfolio while maintaining a balanced mix of conventional and renewable assets,” the company said.
Deepak Gupta, chairman and managing director, Gail, however, said, “Gail’s installed renewable energy capacity shall increase substantially to over 1,000 MW from the current 147 MW upon commissioning of these projects. “This expansion underscores the company’s strategic vision of aligning its growth trajectory with environmental responsibility while ensuring long-term energy security,” he said.
