K.P. Energy Limited (the "Company") has received new orders aggregating to 1003.7MW capacity for development of renewable energy projects from KPI Green Energy Limited.
The Company will be responsible for providing a range of services, including Engineering, Procurement, Construction, and Commissioning (EPCC) for the project. This inter-alia entails activities such as designing, supply, construction, erection, testing, commissioning and securing the necessary approvals and permits for the Project.
These projects are won by KPI Green Energy Limited under the various tenders of the Gujarat Urja Vikas Nigam Limited (GUVNL) and are expected to be completed in line with the timelines under definitive agreements.
KPI Green Energy Limited is a group company of K.P. Energy Limited and Dr. Faruk G. Patel, Promotor and Managing Director of K.P. Energy Limited is also Promotor and Chairman & Managing Director of KPI Green Energy Limited.