Gujarat Industries Power Company (GIPCL) has emerged as successful Bidder in e-reverse Auction for selection of Bidder for Gujarat Urja Vikas Nigam (GUVNL). The project is for setting up 100 MW solar power project at the Raghanesda solar park, District Banaskantha, in state of Gujarat. Letter of Award is awaited from GUVNL.
Gujarat Industries Power Company is engaged in the business of power generation. The company is also engaged in conducting research and development operations such as identification and completion of geological survey work at chosen site and conducting seismic survey for mapping of lignite deposits at said area.