Annual report for Gujarat Industries Power Company Ltd. for FY-2023
29-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Letter Of Intent (LOI) By Gujarat Urja Vikas Nigam Limited (GUVNL) For 600 MW Capacity Solar Photovoltaic Power Projects At Khavda.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Letter of Intent, dated 16/05/2023 to GUJARAT INDUSTRIES POWER COMPANY LIMITED (GIPCL), received on 20/05/2023 for 600 MW capacity Solar photovoltaic power projects at Khavda. Pursuant to said LOI, GIPCL is required to sign PPA with GUVNL as a part of the BID documents, subject to adoption of tariff of GERC. The estimated financial implication for the said Solar Power Project would be Rs. 3,600 crores (approx.). Kindly take the above on your records and acknowledge receipt.20-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Board Meeting Intimation for Considering And Approving The Standalone AFR For The Q4 And FY 2022-23 Ended On 31/03/2023; Standalone Audited Financial Statements For The FY 2022-23 Ended On 31/03/2023; And Recommendation Of Dividend, If Any For The FY 2022-23.
GUJARAT INDUSTRIES POWER CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2023 ,inter alia, to consider and approve the Standalone Audited Financial Results (AFR) for the Fourth Quarter (Q4) and for FY 2022-23 ended on 31st March 2023; Standalone Audited Financial Statements for the FY 2022-23 ended on 31st March 2023; and to recommend Dividend for FY 2022-23, if any, subject to approval by the members at their ensuing 38th Annual General Meeting. Kindly take the above on your records and acknowledge the receipt.16-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby informed that Company / RTA had received requests from the shareholders for issue of duplicate share certificate and in response, the Company / RTA had advised the necessary procedure. Further, upon receipt of valid documents executed by Company / RTA, the Company at its Stakeholders' Relationship Sub -Committee meeting held on 10/05/2023, approved issuance of duplicate share certificate to the shareholders in lieu of original share certificate reported lost and the said duplicate share certificate will be issued and Confirmation Letter will be dispatched to the respective shareholders in due course as informed by our RTA i.e. Link Intime India Pvt. Ltd. The details of the shareholders to whom the duplicate share certificate have been issued are enclosed at Annexure-1.11-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Further Information - Letter Of Intent (Loi) Issued To M/S. Godrej & Boyce Mfg. Co. Ltd.
With reference to our Intimation dated 08/05/2023 and your e'mail dated 09/05/2023 thereof requesting for further information with respect to the Letter of Intent (LoI) issued to M/s. Godrej & Boyce Manufacturing Company Limited for 1200MW Pooling Sub Station - 2 at Solar/Wind/ Hybrid RE Park of 2375 MW capacity at Khavda, Great Rann of Kutch, Gujarat under single EPC basis, we provide the required point wise information through enclosed clarification letter.09-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Issuance Of Letter Of Intent (Loi).
With reference to our intimation of the Board of Directors Meeting held on Friday, the 5th May, 2023, inter alia, approved the award of EPC Contract for 1200MW Pooling Sub-station -2 at Solar/ Wind / Hybrid RE park of 2375 MW capacity at Khavda, Great Rann of Kutch, Gujarat. Further, Letter of Intent (LoI) issued to M/s. Godrej & Boyce Mfg. Co. Ltd. for 1200 MW Pooling Sub- station -2 at Solar / Wind/ Hybrid RE Park of 2375 MW capacity at Khavda, Great Rann of Kutch, Gujarat. Kindly take the above on your records and acknowledge receipt.08-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Board Meeting Outcome for OUTCOME OF 319TH BOARD MEETING
This is to inform you that, the Board of Directors of the Company, at its Meeting held today i.e. on Friday, the 05th May, 2023, inter alia, approved the award of EPC contract for 1200MW Pooling Sub-station - 2 at Solar/ Wind / Hybrid RE park of 2375 MW capacity at Khavda, Great Rann of Kutch, Gujarat. Kindly take the above on records and acknowledge the receipt. The Board Meeting was commenced at 03:00 p.m. and concluded at 04:00 p.m.05-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Disclosure Of Information Under Regulation 30(3) Of SEBI (LODR) Regulations, 2015 On Guidelines On Dividend Distribution And Capital Restructuring By Government Of Gujarat.
We would like to inform you that the Company has received the "Guidelines on Dividend Distribution and Capital Restructuring of State Public Sector Undertakings (SPSUs)" issued by Finance Department, Government of Gujarat vide GR No. FD/OTH/e-file/2023/1504/A-BPE dated 24th April, 2023., accordingly, the Company would work out as per the said guidelines and will submit necessary information to the Board of Directors. We will submit necessary updates, if any required, to Stock Exchange in due course of time03-05-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Board Meeting Intimation for Its Meeting To Be Held On Friday, The 05Th May, 2023.
GUJARAT INDUSTRIES POWER CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/05/2023 ,inter alia, to consider and approve the routine business of the Company.29-04-2023
GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company GUJARAT INDUSTRIES POWER CO.LTD. 2 CIN NO. L99999GJ1985PLC007868 3 Report filed for FY 2022-2023 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* FY 2021-22, 2022-23 5 Incremental borrowing done in FY (T)(a) 0.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00 7 Actual borrowing done through debt securities in FY (T)(c) 0.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) 0 8Quantum of (d), which has been met from (c)(e)* 0 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* 0 Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)0 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-CS SHALIN PATELDesignation :-COMPANY SECRETARY AND COMPLIANCE OFFICER Name of the Chief Financial Officer :- CA K K BHATT Designation : -CHIEF FINANCIAL OFFICER Date: 26/04/202326-04-2023