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.

August 08, 2024
9 Articles