Paschim Gujarat Vij Company Ltd.

Paschim Gujarat Vij Company Ltd. is an electricity company operating in the state of Gujarat, India. Established in 2003 with the reorganization of the power sector, the company is involved in electricity sub-transmission distribution and retail supply. Governed by the Gujarat Electricity Industry (Re-Organization & Regulation) Act 2003, the company plays a vital role in the long-term sustainability of the power sector in the state. As part of the restructuring, the Gujarat Electricity Board was disaggregated, leading to the formation of autonomous entities such as PGVCL. Notably, the company became functional on 1 April 2005 following the reorganization. With its focus on establishing and utilizing a power system network, buying and selling electrical energy, as well as collecting information for system improvements, PGVCL aligns with the objectives set forth by the Electricity Act 2003. This act introduced competition through open access in electricity transmission and distribution, driving the reorganization of Electricity Boards and the formulation of appropriate transfer schemes by state governments. While the company continues to operate as a government undertaking in Gujarat, it presents opportunities for potential investment and growth in the energy sector within the region.