Latest news with #GujaratPowerCorporationLimited
India Gazette
a day ago
- Business
- India Gazette
Gujarat CM Bhupendra Patel visits Khavda Renewable Energy Park, reviews ongoing work
Gandhinagar (Gujarat) [India], June 28 (ANI): Gujarat Chief Minister Bhupendra Patel on Saturday visited the site of the world's largest upcoming Hybrid Renewable Energy (RE) Park near Khavda and held a review meeting with representatives from various companies. On this occasion, he inspected the progress of solar and wind energy generation from the Central Control Room, reviewed the ongoing work with officials, and offered guidance to further advance the vision of green energy, said release. To pave the way for a Viksit Gujarat through green growth, Prime Minister Shri Narendra Modi laid the foundation stone for the Renewable Energy (RE) Park near Khavda in December 2020. Spread across approximately 800 square kilometres of area, this under-construction park aims to generate 37 gigawatts of 100 per cent eco-friendly electricity by the year 2028. By 2028, the Khavda Renewable Energy Park is expected to supply electricity to approximately 1.85 crore households across the country. On this occasion, Rajendra Mistry, Chief Project Officer of Gujarat Power Corporation Limited, presented an overview of the work completed so far and the ongoing progress at the park. Notably, the Renewable Energy (RE) Park hosts power generation projects from both public and private sector companies, including National Thermal Power Corporation Limited (NTPC REL), Gujarat Industries Power Company Limited (GIPCL), Gujarat Power Corporation Limited (GPCL), Adani Green Energy Limited, and Sarjan Realities Private Limited. During the visit, several dignitaries and officials were present, including Kutch Collector Anand Patel, Devjibhai Varchand, Ajay Sehgal from National Thermal Power Corporation Limited, Tirth Nath Singh, Project Head of the Adani Group, and Anil Musar, representative of Sarjan Realities Private Limited. (ANI)
Yahoo
08-02-2025
- Business
- Yahoo
Sustainability Economics and Gujarat Power Corporation Limited Sign MoU to Accelerate the Convergence of AI and Clean Energy
Ahmedabad- India, Feb. 08, 2025 (GLOBE NEWSWIRE) -- In a groundbreaking move to accelerate the convergence of artificial intelligence (AI) and clean energy, Sustainability Economics and Gujarat Power Corporation Limited (GPCL) have signed a Memorandum of Understanding (MoU). This strategic partnership aims to integrate two transformative megatrends through an innovative approach, fostering the growth of AI infrastructure powered by clean energy Economics, a global leader in AI advancement, is headquartered in Singapore and the United States, with a major development center in Bengaluru, India. The company is laying the foundation for an AI driven future by playing a critical role in the end-to-end AI ecosystem, powering every building block of AI. Their global focus includes developing AI cloud parks, offering AI infrastructure as a service, and sector-specific AI use cases by customizing open-source and proprietary LLMs and AI agents. Gujarat Power Corporation Limited (GPCL), a state government-owned entity in India, has been at the forefront of renewable energy development in Gujarat. The corporation has spearheaded the establishment of multiple renewable energy plants in the state, reinforcing its commitment to a sustainable future and playing the crucial role in meeting the state's growing energy needs. Under this collaboration, Sustainability Economics and GPCL will work together to source the most optimal clean energy mix for AI cloud parks. Leveraging an intelligent energy management system powered by AI, Sustainability Economics aims to ensure its AI infrastructure operates efficiently with a scalable, reliable, and cost-effective clean energy supply. Mr. Kasu Venkata Reddy, CEO & Co-founder of Sustainability Economics stated, 'This partnership marks a significant step toward building next-generation AI cloud infrastructure powered by clean energy. By integrating AI with clean energy solutions, we are laying the foundation for a sustainable and scalable AI ecosystem.' Mr. Arun Mahesh Babu, IAS, Managing Director at GPCL added, 'The convergence of AI and green energy represents a pivotal moment for Gujarat's sustainable development. This partnership demonstrates the powerful symbiotic relationship between technological advancement and environmental responsibility, paving the way for a cleaner and more efficient energy future.' The partnership aims to explore the development of AI cloud parks that will be co-located with existing and upcoming clean energy parks, fostering the convergence of two major trends: AI and clean energy. Additionally, the partnership will explore new frontiers in green hydrogen, offshore wind, and energy storage, along with other areas of mutual interest. It will also focus on conducting comprehensive feasibility studies to optimize and secure low-cost capital for GPCL's existing and ongoing renewable energy projects. This collaboration between Sustainability Economics and GPCL aims to set a new benchmark for integrating AI with clean energy solutions, driving both technological innovation and environmental responsibility, by placing India at the forefront of AI and clean energy convergence on a global Emily@ Emily Smith Communications Manager Sustainability EconomicsSign in to access your portfolio
