KPI Green Energy Signs INR 1,311.40 Crore Contract with Coal India for 300 MWAC Solar Plant in Khavda
KPI Green Energy has signed a contract worth INR 1,311.40 crore with Coal India to develop a 300 MWAC grid-connected ground-mounted solar PV plant at GIPCL’s Solar Park in Khavda, Gujarat.
January 30, 2025. By Mrinmoy Dey
KPI Green Energy won the tender for this project in December 2024.
The project is expected to be completed by November 2025. The company also needs to provide operation and maintenance services for 5 years.
“It’s a privilege for our company to contribute to the nation’s transition to sustainable renewable energy, reinforcing and accelerating our efforts to meet our ambitious target of 10 GW capacity by 2030,” the company shared in a regulatory filing.
The company is already setting up projects in renewable energy parks in Khavda, Gujarat. Earlier this month, the company announced that it is targeting an early completion of its 200 MW (240 MW DC) CTU-connected Independent Power Producer (IPP) solar project in Khavda, Gujarat. With the completion of the Khavda project, KPI’s operational IPP portfolio will reach from 171 MWp to 411 MWp.
This month, the company has also signed a memorandum of understanding (MoU) with the Government of Odisha for the establishment of Renewable Energy Parks in the district of Ganjam, Odisha.
Incorporated in 2008, KPI Green Energy develops, builds, owns, operates and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name ‘Solarism'.
please contact: contact@energetica-india.net.
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