KP Energy has successfully installed a 10MWdc Solar Power Project as part of its Independent Power Producer (IPP) segment. The project is located at village Simdhara, Taluka Jaghadia, District Bharuch, Gujarat. This installation brings the company's total power generation capacity to 18.4MW, which includes four Wind Turbine Generators with a capacity of 2.1MW each, in addition to the 10MWdc Solar Power Project.
The electricity produced by this Solar Power Project will be supplied to Commercial and Industrial (C&I) customers under the Open Access category. KP Energy has taken care of arranging the necessary Power Purchase Agreements (PPAs) for the 10MWdc Solar Power Project, which is expected to contribute to the company's growth in power sales revenue.
KP Energy is engaged in operating solar and wind energy projects in India.