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Gujarat Toolroom acquires 65 acres of land in Gujarat
May-02-2024

Gujarat Toolroom (GTL) has successfully acquired 65 acres of land on long-term lease in Gujarat for the establishment of a cutting-edge Hybrid Power Plant. Approximately 60 acres of the acquired land will be dedicated to the installation of solar panels. Each acre is projected to generate 1 Megawatt of energy per hour.

The remaining 5 acres will be designated for essential power management infrastructure, including transformer stations and high-voltage line terminals. The land layout plan includes provisions for the placement of 15 on-shore wind turbines, strategically positioned across every 4 acres of land. Each turbine is expected to produce 2.5 Megawatts of power per hour.

Upon completion, the Hybrid Power Plant aims to contribute 97.5 Megawatts of clean and sustainable electricity to the grid. With an estimated project cost ranging from Rs 572 to 650 crore and a projected timeline of 3-5 years for completion before commercialization, GTL is poised to embark on a transformative journey towards a greener future. Further insights and detailed information will be shared in a dedicated project report cum investor presentation, underscoring GTL's transparency and commitment to stakeholder engagement.

Gujarat Toolroom specializes in building high production multi-cavity moulds. The company offers a complete moulding solution to its customers. They can conduct trials and pilot runs of moulds develoiped by them. They have a range of CNC moulding machines and supply finished plastic moulded precision parts at very competitive rates. 

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