KPI Green Energy has successfully executed a Power Purchase Agreement (PPA) with SJVN for a 300 MW Inter-State Transmission System (ISTS)-connected Wind Power Project. The project, secured through a competitive bidding process, will operate under a long-term PPA at a fixed tariff of Rs 3.64 per unit for 25 years, with power supply to commence within 24 months from the effective date of the PPA.
This PPA marks a significant milestone in the company’s wind energy journey. The long-term fixed tariff provides predictable and stable cash flows, while the project meaningfully strengthens the company’s utility-scale wind portfolio and adds strong momentum to the Group’s KP 3.0 roadmap, under which the company is set to build 10 GW of owned IPP capacity by FY32.
KPI Green Energy, is the solar and hybrid vertical of KP Group. It is a prominent solar and hybrid power generating company. The company develops, builds, owns, operates and maintains solar and hybrid power plants through as an Independent Power Producer (IPP) and as service provider to Captive Power Producer (CPP) under the brand name of 'Solarism'.
