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KPI Global receives sanction letters worth Rs 107.50 crore from PFC

12 Aug 2020 Evaluate

KPI Global Infrastructure has received two sanction letters worth Rs 107.50 crore from Power Finance Corporation (PFC), New Delhi. The company has received first Financial Assistance of Rs 31.50 crore towards refinancing of the entire existing 15 MW Solar Power Project which has been earlier financed by State Bank of India. It also received another Financial Assistance of Rs 76 crore towards setting up of new 20 MW Solar power project at Bharuch, Gujarat.

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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