New Delhi: State-run gas utility GAIL (India) Limited has taken a major step to strengthen its renewable energy portfolio by approving a 178.2 MW greenfield wind power project in Maharashtra. The decision was approved by the company’s Board of Directors during its meeting on February 27, 2026.
Investment and Project Timeline
The proposed wind power project will require an investment of Rs 1,736.25 crore and is expected to be executed on a Lump Sum Turnkey (LSTK) basis. GAIL has planned to complete the project within 24 months from the award of the contract. Financing for the project will be arranged through a mix of debt and equity, demonstrating the company’s structured approach to expanding its renewable energy capacity.
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Enhancing Renewable Energy Capacity
Currently, GAIL operates 117.95 MW of renewable energy capacity, which is already running at full utilisation. The addition of 178.2 MW from the new Maharashtra wind power project will significantly boost GAIL’s clean energy portfolio, supporting the company’s strategy to diversify into sustainable and environmentally responsible power generation.
Strategic Significance
This project aligns with GAIL’s broader business growth strategy and the government’s push towards clean and green energy. Expanding renewable energy capacity not only strengthens GAIL’s operational footprint but also contributes to India’s national goals for reducing carbon emissions and promoting sustainable energy solutions.
About GAIL (India) Limited
Founded in 1984, GAIL (India) Limited is India’s leading public sector undertaking (PSU) in the natural gas sector, engaged in the exploration, production, processing, transportation, and marketing of natural gas. With an expanding renewable energy portfolio, GAIL plays a vital role in supporting India’s energy transition and sustainable development objectives.
