KPI Green Energy Adds Order Win of 7.70 MW to Portfolio

KPI Green Energy Joins Hands with Uttarakhand Govt for 500 MW Solar Park

A provider of renewable energy solutions, KPI Green Energy Limited, has revealed that it has secured new orders with a cumulative capacity standing at 7.70 MW towards the development of a solar power plant.

Of the cumulative capacity of 7.70 MW, 6.70 MW has been assigned to KPI Green Energy Limited. The remaining 1 MW of capacity has been given to a wholly owned subsidiary of KPI Green Energy Limited, Sun Drops Energia Private Limited. The orders are for the ‘Captive Power Producer (CPP)’ segment.

The project is slated for completion in the financial year 2023-24, in several tranches according to the terms of the order.

The Independent Power Producer (IPP) has bagged several orders in the past few days. The firm had received a letter of intent for developing a 40 MW hybrid green energy project that will come up in Gujarat. The capacity entails 21.50 MW wind and 18.5 MW solar, as per the firm. In April, 2023, the Surat-headquartered firm announced that it had accomplished the charging of 26.l0 MW wind-solar hybrid project. This entails 16.l0 MW wind and 10 MW CIC solar capacity. Earlier, the firm commissioned a 25 MW captive solar power project for Greenlab Diamonds in Surat. KPI Green Energy had said that it had inked a set of new Power Purchase Agreements (PPAs) to sell 6.3 MW of solar power.

As on May 25, 2023, the firm has over 116 MW of capacity in IPP and CPP segment in the pipeline. For hybrid projects, it has over 17 MW of capacity in IPP and CPP segment.