GIPCL receives letters of intent for Gujarat solar project

Gujarat Industries Power Company Ltd (GIPCL) 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 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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