GAIL to Invest Rs 38 bn in 700 MW Solar Projects
POWER & RENEWABLE ENERGY

GAIL to Invest Rs 38 bn in 700 MW Solar Projects

GAIL (India) Limited has announced an investment of Rs 38 bn to develop solar projects with a combined capacity of 700 megawatt (MW) in Uttar Pradesh and Maharashtra. The company said the decision forms part of a broader push into renewable energy and aims to strengthen its clean energy portfolio. The projects will be implemented across multiple sites in the two states and will constitute utility-scale installations. The announcement follows internal planning to expand the company's renewable footprint while leveraging its experience in energy project execution.

The combined capacity of 700 MW will add materially to GAIL's generation capability from renewable sources. The investment is planned to cover development, construction and commissioning activities and will include procurement of technology and services required for large scale solar deployment. GAIL will manage the projects through its existing project execution and operations teams. Procurement will prioritise established solar technology and industry standard balance of system components.

The company indicated that the projects will support local supply chains and create employment during construction and operations while contributing to regional energy needs. The installations are designed to deliver steady output to the grid and to help balance energy requirements in the operating regions. GAIL will coordinate with state authorities and other stakeholders on land, grid connectivity and regulatory clearances. Operational oversight and performance monitoring will form part of the project lifecycle to ensure reliability and output optimisation.

The investment aligns with GAIL's stated strategy to diversify into low carbon energy sources and to contribute to national decarbonisation objectives. The move is consistent with broader industrial shifts toward renewable procurement and large scale deployment of solar technology across India. The projects will be monitored through defined governance and reporting processes as they progress towards commissioning. Progress reporting will be incorporated into corporate disclosures as per governance norms.

GAIL (India) Limited has announced an investment of Rs 38 bn to develop solar projects with a combined capacity of 700 megawatt (MW) in Uttar Pradesh and Maharashtra. The company said the decision forms part of a broader push into renewable energy and aims to strengthen its clean energy portfolio. The projects will be implemented across multiple sites in the two states and will constitute utility-scale installations. The announcement follows internal planning to expand the company's renewable footprint while leveraging its experience in energy project execution. The combined capacity of 700 MW will add materially to GAIL's generation capability from renewable sources. The investment is planned to cover development, construction and commissioning activities and will include procurement of technology and services required for large scale solar deployment. GAIL will manage the projects through its existing project execution and operations teams. Procurement will prioritise established solar technology and industry standard balance of system components. The company indicated that the projects will support local supply chains and create employment during construction and operations while contributing to regional energy needs. The installations are designed to deliver steady output to the grid and to help balance energy requirements in the operating regions. GAIL will coordinate with state authorities and other stakeholders on land, grid connectivity and regulatory clearances. Operational oversight and performance monitoring will form part of the project lifecycle to ensure reliability and output optimisation. The investment aligns with GAIL's stated strategy to diversify into low carbon energy sources and to contribute to national decarbonisation objectives. The move is consistent with broader industrial shifts toward renewable procurement and large scale deployment of solar technology across India. The projects will be monitored through defined governance and reporting processes as they progress towards commissioning. Progress reporting will be incorporated into corporate disclosures as per governance norms.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->