Global Infrastructure SherpaGSECL seeks tariff approval for 11 MW solar project in Morbi
USD74.9M
Deal Value
11 MW
Capacity
Gujarat State Electricity Corporation Limited (GSECL) has petitioned the Gujarat Electricity Regulatory Commission (GERC) for approval of a project-specific tariff for its 11 MW solar power project in Morbi. The project has a capital cost of ₹74.86 crore, and GSECL proposes a fixed levelized tariff of ₹2.76 per kWh, with funding secured from the state and internal resources.
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Counterparts (2)
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Gujarat State Electricity Corporation Limited (GSECL) is pushing ahead with its 11 MW solar project in Morbi, seeking a project-specific tariff from the Gujarat Electricity Regulatory Commission. The state-owned developer has proposed a notably competitive fixed levelized tariff of ₹2.76 per kWh for the ₹74.86 crore development. With funding secured from state support and GSECL's own internal resources, this move highlights a self-reliant approach to renewable energy expansion within the state.
- 11 MW solar capacity in Morbi
- Proposed tariff: ₹2.76 per kWh
- Capital cost: ₹74.86 crore
- Funding from state and internal resources
Timeline
Announced
Mar 11, 2026
Signed
Closed
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