KPI Green Energy Secures 100 MW Hybrid Captive Solar Project
KPI Green Energy Ltd. has secured a 100 MW Hybrid Captive Solar Power Project from Aether Industries Limited. Scheduled for completion in phases over FY 2024-25, the project strengthens KPI Green Energy’s position in the domestic solar market.
July 22, 2024. By EI News Network
This new project falls under the Captive Power Producer (CPP) segment and will be developed domestically. KPI Green Energy. It is scheduled to be completed in various phases over the financial year 2024-25. The commercial nature of the order underscores its importance to the company's growth strategy and its commitment to advancing solar energy solutions.
The project’s key details include a total capacity of 100 MW, with execution planned across multiple tranches within the upcoming financial year. The contract is purely domestic and does not involve related party transactions, ensuring transparency and adherence to standard business practices.
The acquisition of this order not only highlights KPI Green Energy’s expanding footprint in the solar power market but also reflects its strong position in delivering large-scale renewable energy projects. The new project is set to contribute significantly to the company’s portfolio, further solidifying its role as a major player in India’s renewable energy landscape.
KPI Green Energy’s Whole-Time Director, Moh. Sohil Yusuf Dabhoya, emphasised that this development is a strategic milestone, reinforcing the company’s dedication to sustainable energy solutions and its commitment to meeting growing energy demands with innovative solar technologies.
please contact: contact@energetica-india.net.
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