GAIL to Invest Rs 3,800 Crore in 700 MW Solar Projects in Uttar Pradesh and Maharashtra

GAIL (India) Limited Commits to Investing Rs 3,800 Crore in Solar Power Projects

State-owned gas utility GAIL (India) Limited has announced plans to invest Rs 3,800 crore in setting up 700 MW of solar power capacity across Uttar Pradesh and Maharashtra. This move is part of the company's push towards clean energy and its goal of achieving net-zero emissions.

As part of the initiative, GAIL will develop a 600-MW solar project with a 550-MWh battery energy storage system at the TUSCO Solar Park in Jhansi. This project is primarily aimed at meeting the captive power needs of its petrochemical plant at Pata in Uttar Pradesh. Additionally, the company will set up a 100-MW solar project with a 22-MWh storage system in Chhatrapati Sambhaji Nagar, Maharashtra, to cater to its PDH-PP plant in Raigad.

These projects are expected to boost renewable energy capacity and ensure round-the-clock power supply through integrated storage solutions. Upon commissioning, GAIL's installed renewable energy capacity is expected to rise to over 1,000 MW from the current 147 MW.

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The investment aligns with GAIL's strategy to expand its green energy portfolio while maintaining a balanced mix of conventional and renewable assets. The company's Chairman and Managing Director, Deepak Gupta, emphasized that this expansion underscores GAIL's strategic vision of aligning its growth trajectory with environmental responsibility while ensuring long-term energy security.

The projects further reinforce GAIL's role in driving India's energy transition and strengthen its position as an integrated energy major with a balanced portfolio of conventional and green energy assets.