Description |
INTRODUCTION 1.1. About the Company Gujarat Industries Power Company Limited (GIPCL) (the “Company”) was incorporated in 1985 as Public Limited Company and engaged in business of Electrical Power Generation. The total present capacity of Vadodara (310 MW Gas based+ 1 MW Solar+ 112.4 MW Wind), Mangrol (500 MW Lignite based + 5 MW Solar + 1 MW Solar), Gujarat Solar Park, Charanka (2x40 MW + 75 MW Solar) and Raghanesda Ultra Mega Solar Park (100 MW Solar) is 1184.4 MW. The company is having its registered office at P.O. Ranoli-391 350, Vadodara, Gujarat. The Company commissioned its first power project; a 145 MW gas based Combined Cycle Power Plant in February, 1992 at Vadodara. The Company expanded its capacity and commissioned 165 MW Naphtha & Gas based Combined Cycle Power Plant at Vadodara in November,1997 as Independent Power Producer (IPP) with Power Purchase Agreement (PPA) with GUVNL. GIPCL commissioned 250 MW (SLPP Phase-I: 2x125 MW) Lignite based Power Plant at Nani Naroli, District Surat in November,1999 as Independent Power Producer (IPP) with Power Purchase Agreement (PPA) with GUVNL. The Company also has its own Captive Lignite Mines at Vastan, Mangrol & Valia for Surat Lignite Power Plant. Further, SLPP PhaseII: 2 x 125 MW has been commissioned in April 2010. GIPCL has commissioned 112.4 MW Wind Power Project in the State of Gujarat. GIPCL is in the business of solar power since 2012 and 5 MW photovoltaic Grid connected Solar Power Plant commissioned at Vastan Mines of Surat Lignite Power Station in January 2012. GIPCL has also commissioned 1 MW Distributed Solar Pilot Project at two locations, (i) Village: Amrol, Anand and (ii) Village: Vastan, Taluka: Mangrol in month of April-2016. GIPCL has commissioned 2x40 MW (AC) Solar PV Power Project in the month of August - 2017 and 75 MW (AC) Solar PV Power Project in the month of June-2019 at Gujarat Solar Park, Charanka. Further, another 100 MW (AC) Solar PV Power Project has been commissioned in the month of August-2021 at Raghanesda Ultra Mega Solar Park, Dist. Banaskantha. GIPCL has also been allotted land for development of a 2375 MW Renewable Energy Park at Khavda in the Kutch district of Gujarat. 600MW solar project at Khavda RE Park is also under execution. For detailed profile of company and past financial results, bidders may visit website: www.gipcl.com. |