Published On:September 30 2023
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KP Energy Limited gets order for 464.10 MW order from NTPC Renewable Energy Ltd.

KP Energy Limited (referred to as "the Company") has been awarded contract(s) through the Notification of Award (NOA) for the development of a 464.10 MW Balance of System Package for an Inter-State Transmission System (ISTS) Connected Wind Energy Project to be developed in the state of Gujarat. These contract(s) have been awarded by NTPC Renewable Energy Limited (NTPC REL) through a competitive bidding process. This project falls under the Company's 'Captive Power Producer (CPP)' business segment.

Under these contract(s), the Company will provide a comprehensive range of services, including Engineering, Procurement, Construction, and Commissioning (EPCC). These services encompass the acquisition and transfer of land for the project, the supply of all necessary equipment for the balance of plant, and the provision of various services related to unloading, storage, on-site handling, installation, insurance, civil and allied works, integration into the grid, testing and commissioning. Additionally, the Company will be responsible for the operation and maintenance of the contract scope for a duration of three years.

This achievement underscores our strong presence in the renewable energy sector and our promising growth prospects.

EQUITYBULLS





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