Gujarat Urja Vikas Nigam Limited

The Gujarat Urja Vikas Nigam Limited (GUVNL) is an electrical services umbrella company in the state of Gujarat, India. It was set up in May 1999 and is registered under the Companies Act, 1956. The Company was created by the Gujarat Electricity Board (GEB) as its wholly owned subsidiary in the context of liberalization and as a part of efforts towards restructuring of the power sector with the aim of improving efficiency in management and delivery of services to consumers.As a part of Power Reform Process, the Electricity Act, 2003, was passed by the Central Government and Gujarat Electricity Industry (Re-organization & Regulation) Act, 2003, was passed by the Government of Gujarat to restructure the Electricity Industry with an aim to improve efficiency in management and delivery of services to consumers.