Gujarat Industries Power Company

Originally established as India's first group captive power plant, the company was jointly promoted by prominent state entities to fulfill their captive power needs. It has since transformed into a dynamic Independent Power Producer (IPP), playing a significant role in Gujarat's energy sector. The company's core business involves the generation of power from a mixed portfolio, including thermal sources like lignite and gas, and renewable sources like wind and solar. Its governance philosophy is centered on upholding transparency, accountability, and integrity, aiming to enhance long-term stakeholder value and respect minority rights. The company is actively pursuing growth by enhancing its renewable and thermal generating capacities and exploring opportunities in Renewable Energy Parks and storage solutions. As a testament to its scale, the company commands a total installed generation capacity of 1184.4 MW across its various plants in Gujarat.;