GAIL India and RRVUNL sign MoU to explore 1 GW solar/wind projects, jointly operate gas-based plants, and assess gas-plant transfer to a GAIL-RRVUNL JVC.

GAIL India and Rajasthan's Rajya Vidyut Utpadan Nigam (RRVUNL) have signed an MoU to explore setting up 1 GW solar and wind projects and jointly operating gas-based power plants in Rajasthan. The companies will also assess the feasibility of transferring RRVUNL's gas-based power plants in Dholpur and Ramgarh to a proposed joint venture company (JVC) between GAIL and RRVUNL. The due diligence and feasibility studies for each project will be carried out before forming the joint venture company.

8 months ago
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