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GIPCL receives letters of intent for Gujarat solar project

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Gujarat Industries Power Company Ltd (GIPCL) today said it has received letters of intent (LoIs) from Solar Energy Corporation of India (SECI) for execution of a solar power project in Gujarat.

“Solar Energy Corporation of India Ltd (SECI) has issued two Letters of Intent (LOIs), both dated July 4, 2016, to GIPCL for 2 x 40 MW solar power project in Gujarat Solar Park, village Charanka under the National Solar Mission Phase-II, Batch IV,” Gujarat Industries Power Company Ltd said in a BSE filing.

Last month, GIPCL had said it has emerged as a successful bidder in the e-reverse auction for 40-MW solar power project in Gujarat Solar Park, Village Charanka, under the National Solar Mission Phase-II of Batch IV.

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