New Launch2 Jan 2026, 06:44 pm
KPI Green Energy's 92.15 MWp IPP Hybrid Power Project Commences Power Supply Ahead of Schedule
AI Summary
KPI Green Energy Limited's 92.15 MWp IPP Hybrid Power Project, awarded by Gujarat Urja Vikas Nigam Limited, has begun power generation and supply to the state grid. The project, with GUVNL as offtaker, has an aggregate contracted capacity of 92.15 MWp, comprising 16.95 MW of wind power capacity and 75.2 MWp solar power capacity. The project has achieved grid synchronization and power injection into the grid has commenced, ahead of the scheduled project completion timeline of July 2026. This milestone reinforces KPI Green Energy Limited’s position as a trusted renewable energy partner for state utilities and aligns with the Company’s strategic objective of building a diversified and resilient renewable energy portfolio.
Key Highlights
- KPI Green Energy Limited's 92.15 MWp IPP Hybrid Power Project has commenced power generation and supply to the state grid.
- The project has achieved grid synchronization and power injection into the grid has commenced, ahead of the scheduled project completion timeline of July 2026.
- The project is expected to begin contributing to the Company’s revenue on a sustained basis, in accordance with the long-term Power Purchase Agreement executed with GUVNL.
- The long-term contracted nature of the project is expected to provide stable and predictable cash flows, thereby strengthening the Company’s overall renewable energy portfolio.
- This development aligns with the Company’s strategic objective of building a diversified and resilient renewable energy portfolio.