"KPI Green Energy Ltd Secures PPA for 200MWAC Grid-Connected Solar PV Power Project"

KPI Green Energy Limited has successfully signed a Power Purchase Agreement (PPA) for a 200MWAC (240MWp) grid-connected Solar Photovoltaic Power Project. This project was secured through a competitive bidding process initiated by Gujarat Urja Vikas Nigam Limited (GUVNL) under RFS No. GUVNL/800 MW/Khavda/Solar (Phase XX) dated 20.05.2023. The procurement of power is designated for 800 MW grid-connected Solar Photovoltaic Power Projects located within Gujarat State Electricity Corporation Ltd. (GSECL) Solar Park at Khavda (GSECL Stage 2), with an option for additional capacity of up to 800MW.

This accomplishment marks a significant milestone for KPI Green Energy Ltd, underscoring its commitment to providing environmentally friendly and sustainable renewable energy solutions. The company's dedication to contributing to the national energy mix aligns with its ambitious goal of achieving a capacity of 1000 MWp by 2025.

EQUITYBULLS