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Current company Gujarat State Electricity Co. Ltd
Utilities · 1.7K employees · Founded 1998 · Vadodara, Gujarat, India
The Company was promoted by erstwhile Gujarat Electricity Board (GEB) as it’s wholly owned subsidiary in the context of liberalization and as a part of efforts towards restructuring of the Power Sector. GSECL has initiated its activities in the field of Generation of Power. The Government of Gujarat (GoG) has also given to the GSECL the status of Independent Power Producer (IPP) with approval to undertake new power projects. The Company commenced it’s commercial operation in the year 1998. However, the operations of GSECL were limited to Power Stations units Gandhinagar #5, Wanakbori #7, Utran GBPS & Dhuvaran CCPP till the complete unbundling of erstwhile GEB was undertaken, i.e. up to 31st March 2005. As a part of the reform process, the Government of Gujarat has unbundled the various functions of GEB. As a result of this unbundling, Gujarat State Electricity Corporation Limited (GSECL) has taken up the responsibility of electricity generation. Electricity Transmission has been entrusted to the already existing company - GETCO. Distribution network in the state has been split up among four distribution companies, which cater to the northern, central, southern, and western parts of the state respectively. All these companies have been structured as subsidiaries of a holding company, Gujarat Urja Vikas Nigam Limited (GUVNL). GUVNL is also the single bulk buyer in the state as well as the bulk supplier to distribution companies. It will also carry out the trading function in the state. Energy has been universally recognized as one of the most important inputs for economic growth and human development. It has been recognized as one of the key drivers for rapid growth & poverty alleviation. The Installed power generation capacity of the State has increased from 315 MW in 1960-61 to 40•••61 MW as on 31.07.24.The install capacity of GSECL is 7360.57 MW (as on 31.07.24).The per capita energy consumption of power in the State of Gujarat in 2023-24 was at 2478.70 units