KPI Green Energy Energizes 171.5 MW Solar Capacity

KPI Green Energy Limited has announced the energization of an additional 49.7 MWp under its 250 MW / 350 MWp Solar Power Project (IPP) and 121.8 MWp under its 370 MW / 677 MWp Hybrid Power Project in Gujarat. This brings the cumulative energized capacity to 300.8 MWp for the Solar IPP and 510.7 MWp for the Hybrid IPP. These projects are developed as Independent Power Producers (IPP) under long-term Power Purchase Agreements with Gujarat Urja Vikas Nigam Limited (GUVNL). The expansion of its IPP portfolio, alongside its EPC business, is expected to enhance the company's recurring revenue streams and earnings visibility.