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KPI Global Infrastructure shifts solar power project from IPP to CPP category

20 Aug 2019 Evaluate

KPI Global Infrastructure has received the request from Devang Paper Mills for shifting of solar power project from Independent Power Producer (IPP) to Captive Power Producer (CPP) category and accordingly the said solar power project has been shifted and the PPA signed has been cancelled. The Letter of Intent (LoI) for executing 855KW solar power project under CPP category has been received from Devang Paper Mills.

The company had signed Power Purchase Agreement (PPA) Devang Paper Mills, Vapi for sale of 950 KW solar power for a period of 15 years under the category of IPP.

KPI Global Infrastructure is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers.

Peers
Company Name CMP
Larsen & Toubro 3927.15
Kalpataru Projects 1411.05
NCC 136.35
Rail Vikas Nigam 211.80
KEC International 402.90
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