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GUVNL

company 1 Deal 1 Partner

Gujarat Urja Vikas Nigam Limited (GUVNL) is a state-owned electricity utility holding company based in Vadodara, India, responsible for the generation, transmission, and distribution of electricity across Gujarat. Established in 2003, it oversees a vast power infrastructure, including its generation subsidiary with approximately 8 GW of installed capacity, serving millions of consumers.

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Founded 2003 Parent: Government of Gujarat
UtilityOperatorDeveloperOfftakerGovernment

Strategic Overview

  • Focus on increasing renewable energy share in Gujarat's energy mix through regular tenders for solar, wind, and battery storage projects.
  • Plays a crucial role in implementing Gujarat's energy policies and ensuring energy security and supply for the state.
  • Acts as the central procurement agency for power for all four distribution companies in Gujarat.

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Investment Focus

Technologies
Solar1
Geography
India1

Key People

Shri Raj Kumar
Chairman
Smt. Mamta Verma
Managing Director

Track Record

8,000
MW Total
21
Years Active
Notable projects: Gujarat Solar Park (Charanka), Various thermal, hydro, and gas power plants under GSECL

Detailed Analysis

Sectors
UtilitiesEnergy Transition
Technologies
Thermal PowerHydropowerSolar PVOnshore WindTransmissionBattery Storage
Geographies
India
Deal Stage
GreenfieldOperating

Subsidiaries

Gujarat State Electricity Corporation Limited (GSECL)Gujarat Energy Transmission Corporation Limited (GETCO)Dakshin Gujarat Vij Company Limited (DGVCL)Uttar Gujarat Vij Company Limited (UGVCL)Madhya Gujarat Vij Company Limited (MGVCL)Paschim Gujarat Vij Company Limited (PGVCL)

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