KPI Green Energy Inks Deal for 50MW Hybrid Power Project
KPI Green Energy has signed a power purchase agreement for a 50MW solar-wind hybrid project in Gujarat. The project is part of the company's goal to reach 1,000 MWp capacity by 2025.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Jul 5 (PTI) KPI Green Energy on Friday said it has inked a pact to supply power from a 50MW solar-wind hybrid project with Gujarat Urja Vikas Nigam.
This project, comprising 50 MW solar and 16.80 MW wind, was awarded through a competitive bidding process on November 1, 2023, and secured through a reverse e-auction on January 22, 2024, according to a filing.
KPI Green Energy Ltd has successfully signed a Power Purchase Agreement (PPA) for a 50MW solar-wind hybrid power project with Gujarat Urja Vikas Nigam Ltd (GUVNL).
This achievement bolsters and speeds up the efforts to reach the company's goal of 1,000 MWp capacity by 2025, it stated.
This project, comprising 50 MW solar and 16.80 MW wind, was awarded through a competitive bidding process on November 1, 2023, and secured through a reverse e-auction on January 22, 2024, according to a filing.
KPI Green Energy Ltd has successfully signed a Power Purchase Agreement (PPA) for a 50MW solar-wind hybrid power project with Gujarat Urja Vikas Nigam Ltd (GUVNL).
This achievement bolsters and speeds up the efforts to reach the company's goal of 1,000 MWp capacity by 2025, it stated.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.27 ( -1.36)
- 32713173
- Srestha Finvest
- 0.53 (+ 3.92)
- 7510152
- YES Bank Ltd.
- 17.08 (+ 1.30)
- 4912245
- Suzlon Energy Ltd.
- 53.11 (+ 1.82)
- 4854196
- GTL Infrastructure
- 1.47 ( 0.00)
- 4043240
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback