KPI Green Energy Ltd signs PPA for 50MW Solar-Wind hybrid power project with GUVNL

KPI Green Energy Limited has successfully signed a Power Purchase Agreement (PPA) for a 50MW Solar-Wind Hybrid Power Project with Gujarat Urja Vikas Nigam Limited (GUVNL). This project, comprising of 50 MW Solar and 16.80 MW Wind, was awarded through a competitive bidding process outlined in RFS No. GUVNL / 500 MW / Hybrid RE (Phase I) issued by GUVNL on November 1, 2023, and secured through a reverse EAuction on January 22, 2024.

We are honored to play a part in delivering environmentally friendly and sustainable renewable energy to the nation. This achievement bolsters and speeds up our efforts to reach our ambitious goal of 1000 MWp capacity by 2025.

Shares of K.P.I. Green Energy Ltd was last trading in BSE at Rs. 1784.50 as compared to the previous close of Rs. 1800.20. The total number of shares traded during the day was 28772 in over 4081 trades.

The stock hit an intraday high of Rs. 1810.00 and intraday low of 1780.00. The net turnover during the day was Rs. 51451730.00.

Source : Equity Bulls

Keywords

KPIGreenEnergy INE542W01017 PPA 50MW SolarWind HybridPowerProject GUVNL