Now electricity will be generated from wind; GAIL will set up a big wind power project in Maharashtra, approval for investment of Rs 1736 crores

GAIL Maharashtra Wind Power Project: India’s leading natural gas company GAIL (India) Ltd has taken a big leap in the field of renewable energy. The company has given the green signal for a huge investment of Rs 1,736.25 crore to set up a mega wind power project in Maharashtra.

Steps towards net zero goal

This step of GAIL is not just business expansion, but part of its commitment towards the environment. The company has committed to achieving ‘net zero’ by the year 2035. The target has been set. According to the information given to the stock market, this investment proposal got official approval in the meeting of the Board of Directors held on Friday.

Project scope and time frame

The capacity of this new project to be set up in Maharashtra will be 178.2 MW. GAIL said that this project will be completed within just 24 months of getting the contract. GAIL currently has a wind power portfolio of 117.95 MW, which will more than double after the completion of this new project.

GAIL’s growing green portfolio

GAIL is not only a leader in gas pipelines but is also strengthening its hold in solar and wind energy.

Existing Wind Power: GAIL currently has wind power plants in Gujarat (19.2 MW), Karnataka (38.1 MW) and Tamil Nadu (60.65 MW).

Solar Energy: The company already has 27 MW of solar projects in operation in Rajasthan, Uttar Pradesh and Madhya Pradesh.

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Dominance in gas sector

Let us tell you that GAIL is India’s largest natural gas transmission and marketing company. The company has a vast natural gas pipeline network of approximately 18,001 kilometers across the country. Now keeping pace with the changes taking place in the energy sector, the company has identified itself as a &8216;Green Energy&8217; She is also making progress as a player.