Award8 May 2026, 02:50 pm
KPI Green Energy Bags ₹621 Cr NTPC Renewable Energy Order
AI Summary
KPI Green Energy Limited has received Notifications of Award (NOAs) from NTPC Renewable Energy Limited for the Balance of System (BOS) Package pertaining to the development of 500 MW Grid Connected Solar PV Projects at Bikaner, Rajasthan. The project is divided into two blocks of 300 MW and 200 MW and includes supply, installation, testing, commissioning, and O&M services. The aggregate contract value is ₹621 crore, excluding GST. This project marks KPI Green Energy's entry into Rajasthan and supports its strategy of participating in large utility-scale solar opportunities.
Key Highlights
- KPI Green Energy receives NOA from NTPC Renewable Energy for 500 MW solar PV projects.
- The project value is ₹621 crore, excluding GST, divided into 300 MW and 200 MW blocks.
- The contract includes supply, installation, testing, commissioning, and O&M services.
- This project marks KPI Green Energy's entry into Rajasthan's renewable energy sector.
- The award aligns with the Government of India’s green energy expansion initiatives.