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GIPCL LEVERAGES RENEWABLE ENERGY PUSH FOR ROBUST GROWTH
The Business Guardian
|September 17, 2023
Headquartered in Vadodara, the Gujarat Industries Power Company Limited (GIPCL) has been a significant player in the electrical power generation sector since its inception in 1985.

The company was established under the guidance of the Government of Gujarat and promoted by notable Gujarat PSUs including the Gujarat State Fertilisers & Chemicals Ltd., Gujarat Urja Vikas Nigam Ltd., and Gujarat Alkalies and Chemicals Ltd.
As of now, GIPCL boasts an impressive installed generation capacity of 1184 MW, fostered through a diversified portfolio that spans thermal (gas and lignite), wind, and solar power plants situated across Gujarat. The company's journey began with the commissioning of a 145 MW gas-based combined cycle power plant in Vadodara in 1992, a venture that showcased an innovative approach to group captive power plant creation with the support of state power utilities and various industries.
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