Table of Contents
ToggleKPI Green Energy Secures 300 MWAC Solar Plant Contract
KPI Green Energy Limited has been awarded a Letter of Award (LOA) by Coal India Limited (CIL) for establishing a 300 MWAC Ground Mounted Solar PV Plant at GIPCL’s Solar Park in Khavda, Gujarat. The contract also includes a five-year Operation & Maintenance (O&M) agreement, marking the company’s first collaboration with a central government entity.
Key Highlights of the Order
- Strategic Alignment: This project aligns with KPI Green Energy’s mission to achieve a 10 GW capacity by 2030.
- Expertise Recognition: It underscores the company’s proficiency in delivering large-scale sustainable energy solutions.
- Sector Expansion: The project enhances the company’s footprint in India’s renewable energy landscape.
Order Details
- Tender ID: 2024_CILHQ_319290_1
- Tender Date: October 16, 2024
- LOA Reference No.: CIL/Solar/Khavda/LOA/2024-25/36
- LOA Date: November 30, 2024
- Project Location: GIPCL’s Solar Park, Khavda, Gujarat
- Scope:
- Construction of a 300 MWAC Ground Mounted Solar PV Plant
- Five-year Operation & Maintenance (O&M) services
- Project Timeline: Execution as per the LOA schedule
Additional Information
This contract is categorized under a Letter of Award and involves no related party transactions or promoter interests. The project details were shared with the BSE and NSE, along with an annexure per SEBI regulations. The letter was signed by Dr. Faruk G. Patel, Chairman & Managing Director of KPI Green Energy Limited.
This milestone order highlights KPI Green Energy’s growing role in driving India’s renewable energy ambitions.