KPI Green Energy has won a wind-solar power project from Gujarat Urja Vikas Nigam Limited (GUVNL). The 50 MW wind-solar hybrid power project, comprises of 16.80 MW wind and 50MW solar. The company had participated in the competitive bidding process under the procurement of power through competitive bidding process issued by GUVNL on 1 November 2023, followed by a reverse e-auction held on 22 January 2024. This tender was for the development of 500 MW hybrid renewable power projects with a greenshoe option of additional capacity up to 500 MW. The firm received letter of intent (LoI) for 50MW wind-solar hybrid power project on 14 March 2024. The power purchase agreement (PPA) with GUVNL shall be executed after obtaining the approval of the Gujarat Electricity Regulatory Commission (GERC). Company : KPI Green Energy

Gujarat Urja Vikas Nigam Limited (GUVNL)

Gujarat Electricity Regulatory Commission (GERC)

---

Recent News

◉ Aether announces execution and commissioning of 5 MW Solar Power Project - Jul 01,2024
◉ Aditya Birla group announces commissioning of cement capacity and de-bottlenecking - Jul 01,2024
◉ KIOCL Limited approval in respect of Phase-I of Devadari Iron Ore Mine - Jul 01,2024
◉ JSW Neo Energy Limited secures award for 300 MW Wind-Solar Hybrid Power Projects - Jul 01,2024
◉ Epigral commissions CPVC Compound manufacturing plant at Dahej - Jul 01,2024
◉ BCPL Railway Infra bags a new order under Rail Infrastructure Development Company - Jul 01,2024
◉ BHEL secures Rs 13,300 crore order to set up thermal power project in Jharkhand - Jul 01,2024