Gujarat Industries Power Company (GIPCL) has issued two Letters of Intent (LoI) for two solar power projects of 40 MW each at Plot Nos. 1 and 3 at Gujarat Solar Park, Charanka to Vikram Solar, Kolkata on Engineering, Procurement and Construction (EPC) basis, with O&M for ten years. The said projects are scheduled to be commissioned by June, 2017.
GIPCL is a Vadodara-based public limited company engaged in the business of power generation with an installed capacity of 815 MW. The company operates two gas based power plants in Vadodara, VS-I and VS-II aggregating 310 MW and two lignite-based power plants in Surat, SLPP-I and SLPP-II aggregating 500 MW.