Gujarat Industries Power Company has achieved a major milestone by successfully commissioning the fifth and final phase of its 600 MW solar project at Khavda. The company announced the completion of the additional 135 MW installation, bringing the total commissioned capacity to 600 MW at the renewable energy park located in the Great Rann of Kutch.

Project Completion Details

The completion of this final phase marks the successful commissioning of the entire solar project within the larger 2,375 MW Renewable Energy Park at Khavda. This achievement represents the culmination of Gujarat Industries Power Company's systematic approach to large-scale renewable energy development.

Strategic Achievement

The successful commissioning of the complete 600 MW solar project demonstrates Gujarat Industries Power Company's execution capabilities in renewable energy infrastructure. The project's location within the 2,375 MW Renewable Energy Park at Khavda positions the company within one of India's significant renewable energy development zones.

This completion enhances the company's renewable energy portfolio substantially and aligns with national clean energy objectives. The systematic phased approach to project development has enabled Gujarat Industries Power Company to manage the complex logistics and technical requirements of large-scale solar installations effectively.

Operational Impact

With the full commissioning of the 600 MW capacity, Gujarat Industries Power Company has significantly expanded its power generation capabilities. The project represents a substantial addition to India's renewable energy capacity and contributes to the country's solar energy targets.

The completion of this project in the Great Rann of Kutch region leverages the area's favorable solar irradiation conditions, ensuring optimal energy generation from the installed capacity. This achievement positions Gujarat Industries Power Company as a significant contributor to India's renewable energy landscape.

Gujarat Industries Power Company Limited has announced changes to its mining contract arrangements, extending an existing agreement while cancelling a previously awarded tender. The company informed stock exchanges about these developments on December 12, 2025, as part of its regulatory disclosure obligations.

Contract Extension Details

The Board of Directors has approved the extension of the mining contract with M/s. PC Patel Infra Pvt. Ltd. to execute balance quantities. The extension parameters are as follows:

Tender Cancellation

The company has decided to cancel a tender that was previously awarded to another contractor. The Board approved the cancellation of the tender along with the contract award to M/s. H.D. Enterprise, Vadodara. This decision reverses the earlier intimation made by the company on August 12, 2025, regarding the contract award to H.D. Enterprise.

Regulatory Compliance

The company has made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. Gujarat Industries Power Company emphasized that the disclosure is being made to maintain transparency and keep stakeholders informed about material developments.

The communication was addressed to both major stock exchanges where the company's shares are listed - BSE Limited and National Stock Exchange of India Limited. Company Secretary and Compliance Officer Shalin Patel signed the regulatory filing on behalf of the organization.

Strategic Implications

The extension of the existing mining contract with PC Patel Infra Pvt. Ltd. ensures continuity in mining operations while allowing the completion of pending work under established terms and conditions. The decision to extend the current contractor's engagement rather than proceeding with the new tender award suggests the company's preference for operational continuity in its mining activities.