Surat: The state-run electricity distribution companies (discoms) in Gujarat have reported a sharp surge in profits over the past two financial years, driven largely by lower power procurement costs and the rapid expansion of solar energy. Dakshin Gujarat Vij Company Ltd (DGVCL) recorded one of the most dramatic turnarounds, with its profit rising nearly 28 times, from Rs 76 crore in 2022–23 to Rs 1,966 crore in 2023–24, before settling at Rs 1,610 crore in 2024–25. Uttar Gujarat Vij Com...Read More

Ahmedabad: Rajesh Power Services Limited (RPSL) on Monday announced that it has bagged a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat after receiving a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), marking the company’s entry into utility-scale battery storage projects. The project involves setting up a standalone BESS at Virpore in Gujarat and has been awarded under tariff-based competitive bidding with Viability Gap Funding sup...Read More

Vadodara: The upcoming shift of operations of Gujarat Urja Vikas Nigam Limited (GUVNL) and its subsidiary, Gujarat Energy Transmission Corporation (GETCO), to GIFT City in Gandhinagar has sparked concern among Vadodara’s business and industrial community. These power sector companies, currently headquartered in Vadodara, play a critical role in electricity transmission and distribution across Gujarat. GUVNL oversees power distribution to over 1.80 crore consumers in the state through its fo...Read More

Gujarat: KPI Green Energy Limited has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of 150 MW of grid-connected wind power projects, the company announced on Tuesday. The LOI, dated July 14, 2025, follows the company’s participation in GUVNL’s competitive bidding process. The Power Purchase Agreement (PPA) with GUVNL will be executed after obtaining the necessary approval from the Gujarat Electricity Regulatory Commission (GERC), the com...Read More

Gandhinagar: The Gujarat Urja Vikas Nigam Limited (GUVNL) has announced that online services for its four power distribution companies will be unavailable for four days, starting 6 pm today until 10 am on Monday, June 10. The websites of DGVCL, MGVCL, UGVCL, and PGVCL will not be accessible to the public due to scheduled statewide maintenance aimed at enhancing backend system performance. Officials stated that consumers with overdue bills or those whose due dates fall within this maintenance wi...Read More