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KPI Green Energy gets Letter of Intent from Ayana Renewable Power Four

22 Sep 2023 Evaluate

KPI Green Energy has been awarded a Letter of Intent (LoI) for a 145.20 MW Wind-Solar Hybrid Power Project (comprising 145.20 MW Wind and 50 MW Solar) by M/s Ayana Renewable Power Four, based in Bangalore. This project will be located in the state of Gujarat and falls under the company’s Captive Power Producer (CPP) business segment.

Additionally, the company will be responsible for providing a range of services, including Engineering, Procurement, Construction and Commissioning (EPCC). This entails tasks such as land acquisition, design, manufacturing, supply, construction, erection, testing, and commissioning for the balance of plant, as well as the facilitating power evacuation facilities and securing the necessary approvals and permits for the Project.

KPI Green Energy (formerly known as K.P.I. 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 3928.00
Kalpataru Projects 1412.20
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 402.35
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