Published: 1 March 2026Outlook BusinessEconomy
GAIL Approves ₹1,736 Crore Wind Power Project in Maharashtra
GAIL (India) Limited's Board of Directors approved a ₹1,736.25 crore investment for setting up a 178.2 MW greenfield wind power project in Maharashtra on February 27, 2026. This is the company's largest single renewable energy investment, to be executed on a Lump Sum Turnkey (LSTK) basis within 24 months.
The project will add to GAIL's existing portfolio of 117.95 MW renewable capacity, taking the total to nearly 296 MW. GAIL aims to increase its renewable energy capacity to 3.4 GW by 2035 to achieve net zero carbon emissions. The project aligns with India's target of 500 GW non-fossil fuel capacity by 2030.
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Q: Discuss the significance of GAIL's ₹1,736 crore Maharashtra wind power project within India's 500 GW non-fossil fuel target by 2030.
Answer (50 words):
GAIL's board approved a 1,736.25 crore rupee investment for a 178.2 megawatt greenfield wind project in Maharashtra on February 27, 2026, its largest single renewable outlay on lump sum turnkey basis within twenty-four months. Existing 117.95 megawatt capacity rises near 296 megawatts, targeting 3.4 gigawatts by 2035, supporting India's 500-gigawatt 2030 goal.
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The cumulative repo rate cut by RBI in 2025 (Feb-Dec) amounted to how many basis points?
Explanation · Correct answer BThe RBI cut the repo rate four times in 2025: Feb (-25 bps to 6.25%), April (-25 bps to 6.00%), June (-50 bps to 5.50%), and December (-25 bps to 5.25%), totalling 125 bps reduction from 6.50% to 5.25%.
