KPI Green Energy Signs PPAs for 620 MW Renewable Energy Projects in Gujarat

Oct 15, 2024 14:23

KPI Green Energy has signed PPAs with Gujarat Urja Vikas Nigam Ltd for two renewable energy projects totaling 620 MW. The projects include a 250 MW solar PV project and a 370 MW hybrid RE project.

Illustration: Dominic Xavier/Rediff.com

New Delhi, Oct 15 (PTI) KPI Green Energy on Tuesday said it has signed two power purchase agreements with Gujarat Urja Vikas Nigam Ltd for 620 MW renewable energy projects.

The first power purchase agreement (PPA) is for a 250 MW AC (275MW DC- direct current) grid-connected solar photovoltaic power project, while the second is a 370 MW Ac (642MW DC) grid-connected hybrid RE power project, the company said in an exchange filing.

"KPI Green Energy Limited (the Company) has successfully signed power purchase agreements with Gujarat Urja Vikas Nigam Limited for 620 MW Ac (917 MW DC) renewable energy projects," it said.

The projects have been bagged through a competitive bidding process, the company said.

Source: PTI

MORE NEWS

India-Canada Trade Ties Unfazed by Diplomatic...

India's diplomatic row with Canada won't impact trade and investment ties, government...

Central Banks: Wicketkeepers in Financial...

RBI Deputy Governor compares central banks to wicketkeepers, highlighting their...

Aditya Birla Sun Life AMC Raises USD 300...

Aditya Birla Sun Life Asset Management Company (ABSL AMC) aims to raise USD 300 million...

India Manufacturing: Key to Viksit Bharat -...

Volvo Group India MD Kamal Bali emphasizes the need for increased manufacturing...

Newgen Software Posts Rs 70.3 cr Profit in Q2 |...

Newgen Software Technologies reported a 47.19% YoY increase in consolidated net profit...

JLR Retail Sales Surge 36% in H1 FY25 | Range...

Jaguar Land Rover reports a 36% increase in retail sales for the first six months of...

India Can Create Innovative Products: Boeing...

Boeing India President Salil Gupte emphasizes India's potential to create innovative...

DB Corp Q2 Profit Drops 17.6% Due to Slowing...

DB Corp's Q2 profit declined by 17.63% to Rs 82.57 crore due to a prolonged monsoon...

PVR INOX Q2 Loss: Revenue Down 18.9%, Movie...

PVR INOX reports a net loss of Rs 12.1 crore in Q2 FY25, driven by a decline in the...

Gold Retreats from Record High, Silver Plunges...

Gold prices declined in India on Tuesday, retreating from a record high, while silver...

KPI Green Energy Signs PPAs for 620 MW Renewable Energy Projects in Gujarat

You May Like To Read

MORE NEWS