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Gujarat Industries Power Company awards EPC contract to Bhimji Velji Sorathia Construction

04 Jan 2023 Evaluate

Gujarat Industries Power Company has received board’s approval for award of EPC Contract to Bhimji Velji Sorathia Construction at the cost of around Rs 259.00 crore for Road, Drain and Pond Works of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Khavda, Great Rann of Kutch area, Gujarat. The Board of Directors at its meeting held on January 3, 2023 has approved the same. The company has issued Letter of Intent to Bhimji Velji Sorathia Construction on January 4, 2023.

Gujarat Industries Power Company is engaged in generation of power from gas, lignite, wind and solar. The Principal places of business are located in Gujarat, India.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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