KPI Green Energy Secures 74.30 MW Solar Project Order

Apr 30, 2024 02:30 PM ET
  • KPI Green Energy secures new 74.30 MW solar power project order, expanding their impressive renewable energy portfolio for a sustainable future.

Gujarat-based renewable energy company KPI Green Energy has received a new order for a 74.30 MW solar power project under the captive power producer (CPP) segment. Within this allocation, KPI Green has undertaken 27 MW capacity, with 20 MW for a solar power project as part of a wind-solar hybrid power project. Additionally, KPark Sunbeat Private Limited has undertaken 30 MW capacity, and Sun Drops Energia Private Limited has undertaken 17.3 MW capacity, both subsidiaries of the company.

The projects are expected to be completed in the financial year 2024-25 in various tranches as per the terms of the order. Earlier this year, KPI Green Energy also won a 50MW Wind-Solar Hybrid Power Project from Gujarat Urja Vikas Nigam Limited, further adding to their 1.23 GW project pipeline.

In addition to the new order, KPI Green Energy recently delivered stellar Q4 and full-year results, showcasing their growth and success in the renewable energy sector.

What is the capacity allocation breakdown for KPI Green Energy's new solar power project?

  • KPI Green Energy has allocated 27 MW capacity for their solar power project
  • KPark Sunbeat Private Limited has undertaken 30 MW capacity for the project
  • Sun Drops Energia Private Limited has undertaken 17.3 MW capacity for the project
  • 20 MW capacity is allocated for a solar power project as part of a wind-solar hybrid power project
  • The projects are expected to be completed in the financial year 2024-25 in various tranches as per the terms of the order.
Source:
saurenergy.com

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