KPI Green Energy Ltd signs PPA for 200MWAC grid connected Solar PV power project

KPI Green Energy Limited (the Company) has signed a Power Purchase Agreement ('PPA') for 200MWAC (240MWp) grid connected Solar Photovoltaic Power Project won through competitive bidding process vide RFS No. GUVNL/800 MW/Khavda/Solar (Phase XX) dated 20.05.2023 issued by GUVNL for Procurement of Power from 800 MW grid connected Solar Photovoltaic Power Projects located in Gujarat State Electricity Corporation Ltd. ('GSECL') Solar Park at Khavda (GSECL Stage 2) with Greenshoe option of additional capacity upto 800MW has been signed and executed with Gujarat Urja Vikas Nigam Limited ('GUVNL').

It is truly an honor for our company to play a role in providing the nation with environmentally friendly and sustainable renewable energy, thus fortifying, and expediting our efforts to achieve our ambitious goal of reaching a capacity of 1000 MWp by 2025.

Shares of KPI Green Energy Limited was last trading in BSE at Rs. 1742.15 as compared to the previous close of Rs. 1741.10. The total number of shares traded during the day was 147875 in over 12897 trades.

The stock hit an intraday high of Rs. 1828.00 and intraday low of 1680.00. The net turnover during the day was Rs. 262044613.00.

Source : Equity Bulls

Keywords

KPIGreenEnergy INE542W01017 PPA GridConnected SolarPVPowerProject