GAIL (India) Ltd has approved an investment of Rs 1,736 crore to set up a 178.2 MW wind power project in Maharashtra. The initiative expands its renewable portfolio as part of its net-zero 2035 target, reinforcing India’s clean energy transition and boosting GAIL’s existing wind and solar capacity.
State-owned GAIL (India) Ltd has announced plans to construct a 178.2 MW wind farm in Maharashtra, marking a significant step in its renewable energy expansion strategy. The project, estimated at Rs 1,736 crore (USD 188 million), will be funded through a mix of debt and equity.
The wind farm is expected to be deployed within 24 months from the award of the lump sum turnkey (LSTK) contract. This development adds to GAIL’s existing 117.95 MW of operational wind capacity and aligns with its broader goal of achieving 3.4 GW of renewable capacity by 2035.
Key Highlights
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GAIL to invest Rs 1,736 crore in a 178.2 MW wind project in Maharashtra
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Project to be funded via debt and equity, with a 24-month deployment timeline
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Adds to existing 117.95 MW wind capacity already in operation
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Part of GAIL’s target to reach 3.4 GW renewable capacity by 2035
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Supports India’s clean energy transition and net-zero carbon emission goals
Strategic Importance
Analysts highlight that the project strengthens India’s renewable energy infrastructure while positioning GAIL as a key contributor to the country’s net-zero ambitions. Alongside investments in green hydrogen and compressed biogas, the wind farm underscores GAIL’s commitment to diversifying its energy portfolio and reducing dependence on fossil fuels.
Sources: The Economic Times, Renewables Now, Powerline Magazine