Energy majors including Tata Power, Reliance ADA's Reliance Power and Sterlite Industries have shown interest for equity partnership of 49 per cent in the state-run GSPC Pipavav Power Company
Tata Power, which is seeking higher tariff for electricity generated from its 4,000 MW Mundra UMPP, has so far seen erosion of more than 60 percent of the Rs 4,500 crore equity investment in
Wind turbine maker Suzlon has won a contract from Surat Municipal Corporation to set up an 8.4-MW wind energy project in Gujarat.
In a bid to tap the growing tourism market in Gujarat, global real estate conglomerate, Pacifica Companies is mulling setting up a premium hospitality project in Ahmedabad.
Gujarat government firm GSPC will acquire British energy major BG Group’s majority stake in Gujarat Gas Co Ltd (GGCL) for over Rs 2,460 crore, a 12 percent discount to the market price.