GAIL to bid for 400MW solar capacity

New Delhi: Gas utility GAIL NSE 0.43 % will bid for 400MW solar power capacity being auctioned by SECI (formerly Solar Energy Corporation of India), making it the latest state-run oil and gas company to bet big on renewable energy for a low-carbon future.

“GAIL will bid for three projects being auctioned by SECI in Rewa, Madhya Pradesh,” company chairman Manoj Jain told TOI on Wednesday.

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