GAILNSEGAIL (India) Limited· GasMediumPositive
Announced Thu, 16 Apr · 12:15 IST

GAIL (India) Limited has informed the Exchange regarding a press release dated April 16, 2026, titled " GAIL (India) Limited has informed the Exchange regarding a press release dated April 16, 2026, titled "GAIL to set up 600 MW Solar Power Project in UP".".

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GAIL · price

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AI summary

GAIL (India) Limited has signed contract agreements with TUSCO Limited to establish a 600 MW solar power project at TUSCO's Solar Park in Jhansi, Uttar Pradesh. The project will include a 550 MWh Battery Energy Storage System (BESS). The solar power will primarily serve captive energy needs of GAIL's Petrochemical Plant at Pata in Auraiya district. It will also support electrification of gas-based equipment and CBG plants being set up in Uttar Pradesh. GAIL's Director (Business Development) stated the project reflects the company's commitment to low-carbon and sustainable energy solutions.

Likely market impact

This signals GAIL's strategic push into renewable energy and carbon reduction. The project will reduce the company's carbon footprint and provide long-term energy cost stability for its petrochemical operations through captive solar generation.