GIPCL Fully Commissions 75 MW Vastan Solar Project with 50 MW Second Phase

Gujarat Industries Power Company Limited (GIPCL) has announced the full commissioning and commercial operationalization of its 75 MW Vastan Group Captive Solar Power Project. The company confirmed on June 26, 2025, that the balance capacity, comprising the 50 MW second phase, has successfully commenced commercial operations.

This latest development follows the commissioning of the project’s first phase, a 25 MW capacity, which was announced on April 24, 2025. With the completion of the 50 MW second phase, the entire 75 MW Vastan Group Captive Solar Power Plant is now fully operational, contributing to GIPCL’s renewable energy portfolio.

The announcement underscores GIPCL’s ongoing efforts in expanding its power generation capabilities, particularly in the solar energy sector. At the time of this announcement, GIPCL shares were trading at ₹219.45, marking a modest gain of 0.3%.

source: Corporate Announcement

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