KPI Green Energy has energized further capacity under its 370 MW AC / 677 MW DC Wind-Solar Hybrid Power Project (IPP) at Bharuch, Gujarat. The company has commissioned 130 MW AC / 195 MW DC Solar capacity under the said project.
With this, the company has cumulatively energized 269.7 MW AC / 389.7 MW DC capacity under the said Wind-Solar Hybrid IPP Project. This project is being developed by the company as an Independent Power Producer (IPP) under a long-term Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited (GUVNL).
The company continues to steadily expand its IPP portfolio, as it simultaneously scales its EPC business. The progressive energisation of capacity under long-term PPAs further strengthens the company's annuity-based, recurring revenue streams, enhancing earnings visibility and creating sustained long-term value for its stakeholders.
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. The company is a part of KP Group.