Gujarat State Electricity Corporation Limited (GSECL)

company 1 Deal 1 Partner

Gujarat State Electricity Corporation Limited (GSECL) is a state-owned power generation utility in Gujarat, India, with an installed capacity of 8,234 MW across thermal, gas, hydro, wind, and solar power plants.

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Founded 1993 Parent: Government of Gujarat

Utility (Power Generation)DeveloperOperator

Strategic Overview

Focuses on meeting the electricity demand of Gujarat state.
Actively diversifying its energy portfolio by integrating renewable energy sources like solar and wind.
Manages and maintains a large fleet of thermal and gas-based power plants as base load capacity.

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Deal History (1)

GSECL seeks tariff approval for 11 MW solar project in Morbi

Developer Solar India Mar 11, 2026 USD74.86M

Investment Focus

Technologies

Solar1

Geography

India1

Key People

Shri Raj Kumar

Chairman (Additional Charge)

Smt. Mamta Verma

Managing Director

Track Record

8,234

MW Total

Years Active

Notable projects: Wanakbori Thermal Power Station, Sikka Thermal Power Station, Dhuvaran Gas Based Power Station, Kadana Hydropower Project

Detailed Analysis

Sectors

UtilitiesEnergy Transition

Technologies

CoalGasHydropowerOnshore WindSolar PV

Geographies

India (3 deals)

Deal Stage

GreenfieldOperating

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