KPI Green Energy’s 92.15 MWp Project Begins Power Supply

KPI Green Energy Limited has announced the commencement of power supply from its 92.15 MWp IPP Hybrid Power Project, awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). The project, which includes 16.95 MW of wind power and 75.2 MWp of solar power, has begun operations ahead of its scheduled completion date of July 2026.

The project has achieved grid synchronization, and power injection into the state grid has commenced. This development follows the competitive bidding process for hybrid renewable energy projects, with GUVNL as the offtaker. The project is expected to generate sustained revenue for KPI Green Energy under a long-term Power Purchase Agreement with GUVNL. The contracted nature of the project is anticipated to provide stable cash flows.

The early start of power generation from this project reflects KPI Green Energy’s execution capabilities and integrated project development expertise. The company has emphasized its focus on expanding its presence in wind, solar, and hybrid power segments. The project supports grid stability through complementary renewable generation sources.

Gujarat Urja Vikas Nigam Limited is involved in the procurement and distribution of electricity in Gujarat. It plays a significant role in the state’s energy sector, focusing on enhancing the reliability and efficiency of power supply through various initiatives and partnerships.

KPI Green Energy Limited is part of the KP Group, established in 1994. The company focuses on renewable energy, infrastructure, and innovation. It has developed a strong portfolio in wind, solar, and hybrid energy projects. KPI Green Energy is committed to contributing to India’s energy transition and setting benchmarks in the renewable energy sector.