KPI Global Infrastructure has received the termination letter from Chemie Organic Chemicals, Mumbai for terminating the Power Purchase Agreement (PPA) signed for the Capacity of 1.10 MW Solar Power Plant under 'Independent Power Producer (IPP) segment of the Company. This PPA was only at initial stage and the process of sale of power had not yet started.
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.