KPI Green Energy Limited has announced the receipt of new orders for executing a 10 MWdc solar power project under its Captive Power Producer (CPP) segment.
Out of the 10 MWdc capacity, KPI Green Energy Limited will undertake 1 MWdc capacity, while its wholly-owned subsidiary, M/s. Sun Drops Energia Private Limited, will execute 9 MWdc capacity.
The company revealed the development in a disclosure statement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Last month KPI Green Energy Limited, has received Commissioning Certificates from Gujarat Energy Development Agency (GEDA) for a 31 MWdc solar power project under the Captive Power Producer (CPP) segment. The project is for three clients, Creative Technologies, Colourtex Industries Pvt. Ltd., and Aether Industries Ltd., and the capacity allocated to each client is 0.5 MWdc, 10 MWdc, and 16 MWdc, respectively.
Company had also signed a long-term (20-year) Hybrid Power Purchase Agreement (PPA) for 1.845 MWAc capacity with M/s. Garrison Engineer, Military Engineer Services, Air Force Station, Jamnagar under Independent Power Producer (IPP) segment.
