SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GAIL (India) to invest Rs 3800 crore in 700 MW solar power projects in UP, Maharashtra

15 Apr 2026 Evaluate

GAIL (India) has approved setting up of 700 MW of solar power projects with an investment of Rs 3800 crore in the states of Uttar Pradesh (UP) and Maharashtra. As part of this initiative,  the company will develop a 600 MW Solar Power Project along with a 550 MWh Battery Energy Storage System (BESS) at TUSCO Solar Park Jhansi in Uttar Pradesh. The project will primarily cater to the captive energy requirements of the company’s Petrochemical Plant at Pata in Auraiya district.

In addition, the company will set up a 100 MW Solar Power Project with a 22 MWh BESS in Chhatrapati Sambhaji Nagar district (formerly Aurangabad) in Maharashtra. This facility will mainly serve the captive requirements of the company’s PDH-PP Plant at Usar in Raigad district. 

These projects mark a significant step in the company’s journey towards achieving its Net Zero targets, aligned with India’s broader energy transition goals. Further, the integration of advanced energy storage systems will ensure efficient utilization of solar power by addressing intermittency challenges and enabling round-the-clock availability of Renewable Energy.

GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.

GAIL India Share Price

157.80 -1.10 (-0.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 157.80
Gujarat Gas 362.60
Indraprastha Gas 169.25
Mahanagar Gas 1125.45
Adani Total Gas 632.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×