Deals5 Jul 2024, 09:19 pm
KPI Green Energy Secures PPA for 50MW Solar-Wind Hybrid Project
AI Summary
KPI Green Energy Limited has announced the signing of a Power Purchase Agreement (PPA) for a 50MW Solar-Wind Hybrid Power Project with Gujarat Urja Vikas Nigam Limited (GUVNL). The project, consisting of 50MW Solar and 16.80MW Wind, was awarded through a competitive bidding process and secured through a reverse E-Auction on January 22, 2024.
Key Highlights
- KPI Green Energy Limited signs PPA for 50MW Solar-Wind Hybrid Power Project
- Project awarded through competitive bidding process issued by GUVNL on November 1, 2023
- Secured through reverse E-Auction on January 22, 2024
- Project comprises of 50MW Solar and 16.80MW Wind
- Achievement bolsters efforts to reach 1000 MWp capacity by 2025