A private participant has provided a letter of intent (LoI) for the development of a 40 megawatt hybrid green energy plant in Gujarat, according to KPI Green Energy.
The company stated in a regulatory filing that the capacity consists of 18.5 MW of solar and 21.50 MW of wind.
“KPI Green has received a new largest single LoI for executing Wind-Solar Hybrid Power Project of 40 MW capacity from Anupam Rasayan India, Surat under “Captive Power Producer (CPP)” business segment of the company,” it said.
This LoI is a significant milestone for the company, showcasing its strong position in the renewable energy market.
