Deals30 Jan 2025, 02:47 pm
KPI Green Energy Signs Contract with Coal India for 300 MW Solar PV Plant
AI Summary
KPI Green Energy Limited has signed a Contract Agreement with Coal India Limited to develop a 300 MW, grid-connected ground-mounted solar PV plant with Operation & Maintenance (O&M) services for five years at GIPCL’s Solar Park in Khavda, Gujarat. The contract price is ¥1,311.40 Crore, with completion expected by November 2025. This project will contribute to the nation’s transition to sustainable renewable energy, aligning with KPI's target of 10 GW capacity by 2030.
Key Highlights
- KPI Green Energy Limited has signed a Contract Agreement with Coal India Limited for a 300 MW solar PV plant.
- The project is a grid-connected ground-mounted solar PV plant with Operation & Maintenance (O&M) services for five years.
- The project is located at GIPCL’s Solar Park in Khavda, Gujarat.
- The contract price is ¥1,311.40 Crore.
- The project is expected to be completed by November 2025.