GIFTPCL has been established as a wholly-owned subsidiary of GIFT to provide infrastructure and power to GIFT city. In 2021-22, WISE along with its local partner prepared the ARR and tariff petition for 2022-23, along with true-up petition for 2020-21, and submitted the petition to the Gujarat Electricity Regulatory Commission (GERC).
WISE assisted GIFTPCL in the public hearing conducted by GERC and responded to various objections/suggestions received regarding the petitions filed by GIFTPCL. As a result, GERC approved the distribution business related expenses incurred by GIFTPCL and approved the ARR and retail tariff structure for 2022-23. The project was thus successfully completed.