
Subsidiary20 Jun 2025, 10:01 pm
KPI Green Energy Limited Incorporates New Special Purpose Vehicle 'KPIN Clean Power Five LLP'
AI Summary
KPI Green Energy Limited has announced the incorporation of a new Special Purpose Vehicle (SPV) named ‘KPIN Clean Power Five LLP’. The Ministry of Corporate Affairs approved the incorporation on June 19, 2025. The SPV, which has a total contribution of Rs. 99,000/- from the company and Rs. 1,000/- from its subsidiary KPark Sunbeat Private Limited, is set to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy.
Key Highlights
- KPI Green Energy Limited has incorporated a new Special Purpose Vehicle (SPV) named ‘KPIN Clean Power Five LLP’.
- The Ministry of Corporate Affairs approved the incorporation on June 19, 2025.
- The SPV has a total contribution of Rs. 99,000/- from KPI Green Energy Limited and Rs. 1,000/- from its subsidiary KPark Sunbeat Private Limited.
- The main objective of the SPV is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy.