GAIL (India) Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited will also explore the possibility of transferring RRVUNL’s gas-based power plant located in Dholpur and Ramgarh to a proposed joint venture company between GAIL & RRVUNL.

Sep 4, 2024

GAIL (India) Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited have joined hands to set up around 1,000 MW of solar and wind projects in suitable land parcels of Rajasthan, creating an opportunity for round-the-clock (RTC) power.

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As per a release issued by GAIL, a non-binding Memorandum of Understanding (MoU) was recently signed by Mr. Devendra Shringi, Chairman & Managing Director of RRVUNL and Mr. Sumit Kishore, Executive Director, Business Development and Exploration & Production, GAIL.

With an intent to optimize the operations of gas-based power plants in Rajasthan, the two companies shall also explore the possibility of transferring RRVUNL’s gas-based power plant located in Dholpur and Ramgarh, Rajasthan to a proposed joint venture company (JVC) between GAIL & RRVUNL.

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Detailed due diligence and feasibility studies for each project shall be carried out for establishing techno-commercial viability of the projects before forming JVC, it added.