New Launch6 Nov 2025, 01:37 pm
KPI Green Energy Limited Executes 150 MW Wind Power Project PPA with GUVNL
AI Summary
KPI Green Energy Limited has executed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 150 MW grid-connected wind power project in Gujarat. The project, which is scheduled to commence power supply on November 3, 2027, will operate under a long-term PPA with a fixed tariff of 3.64 per unit for 25 years. This agreement enhances KPI Green’s utility-scale wind portfolio and aligns with the Company’s growth trajectory toward achieving 10 GW of installed renewable capacity by 2030.
Key Highlights
- KPI Green Energy Limited has executed a Power Purchase Agreement (PPA) with GUVNL for a 150 MW wind power project in Gujarat.
- The project is scheduled to commence power supply on November 3, 2027, and will operate under a long-term PPA with a fixed tariff of 3.64 per unit for 25 years.
- This agreement enhances KPI Green’s utility-scale wind portfolio.
- The PPA aligns with the Company’s growth trajectory toward achieving 10 GW of installed renewable capacity by 2030.
- The long-term fixed tariff and payment security mechanisms ensure predictable cash flows, underscoring the project’s financial stability.