PSU gas major GAIL to join solar bandwagon, to bid for SECI’s 400 MW capacity

Gas utility GAIL NSE 0.49 % will bid for 400 MW 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 aggregating 400 MW capacity being auctioned by SECI in Rewa, Madhya Pradesh,” company chairman Manoj Jain told TOI on Wednesday.