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KPI Green Energy Secures Bid for 100 MW Solar Power Project from MAHAGENCO

The company received the Letter of Intent (LoI) from MAHAGENCO, officially recognizing their successful bid.

March 18, 2024. By Abha Rustagi

KPI Green Energy Limited has emerged as the successful bidder in the competitive bidding process conducted by Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) for the development of a 100 MWac Solar Power Project.

The company successfully participated in the EPC package with land to develop cumulative capacity 600 MWac Solar-PV Power Projects at various locations in Maharashtra under the RE Bundling Scheme vide RFX No. 3000042146 issued by MAHAGENCO.

This tender, aimed at developing a cumulative capacity of 600 MWac Solar-PV Power Projects across various locations in Maharashtra under the RE Bundling Scheme, has awarded KPI Green Energy the 100 MWac Solar Power Project. The company received the Letter of Intent (LoI) from MAHAGENCO, officially recognizing their successful bid.

Expressing excitement and pride, KPI Green Energy stated, "We are thrilled to announce that this tender win marks a pivotal moment in our journey as we expand our business beyond the state of Gujarat. It underscores our ambition to play a key role in advancing renewable energy solutions at a broader geographical level."

Furthermore, the tender win aligns with KPI Green Energy's vision and target of achieving 1000 MW by the year 2025, reaffirming its commitment to sustainable energy development.
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