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Commencement of power supply from Gujarat Industries Power Company Limited (GIPCL) marks a significant operational advance for Gujarat State Fertilizers & Chemicals Limited (GSFC). The 25 MW Phase-1 of the 75 MW Vastan Group Captive Solar Project has been successfully commissioned. With the plant now under stabilization, GSFC has begun receiving power, and intake volumes are expected to increase progressively. This initiative is projected to reduce the overall energy costs for GSFC, positively influencing its financial performance. Investors should monitor this development closely as it aligns with the company's strategy to enhance efficiency and sustainability.
All announcements from Gujarat State Fertilizers & Chemicals Limited