Highlights:
- KPI Inexperienced mentioned in a disclosure earlier than the inventory exchanges that it has signed long-term PPAs with three firms.
- This sale is finished on the a part of the interdependent energy producer (IPP).
Gujarat-based KPI Inexperienced Power Ltd has introduced that it has signed a set of latest Energy Buy Agreements (PPAs) underneath which the corporate will promote 6.3 MW of solar energy. KPI Inexperienced Power will make this sale within the interdependent energy producer (IPP) section.
KPI Inexperienced Power mentioned in a disclosure earlier than the inventory change that it has signed long-term PPAs with three firms.
The inexperienced vitality firm signed a PPA with Heubach Shade Pvt. Ltd. the place the purchaser will buy a capability of two.9 MW from KPI Inexperienced. The second firm is Sachin Paper Mills, which is able to purchase 400 KW of solar energy. The third firm is Alembic Prescribed drugs Ltd. which is able to purchase 3 MW. The whole inexperienced energy sale of KPI Inexperienced Power will attain 6.3 MW.
KPI Inexperienced Power develops, operates, and maintains captive solar energy tasks for purchasers. It was beforehand referred to as KPI International Infrastructure. The group can be within the enterprise of energy manufacturing and sale of photo voltaic vitality underneath the Solarism model within the state of Gujarat.
Not too long ago, KPI Inexperienced Power agreed with Tata Motors Passengers Automobiles – a subsidiary of Tata Motors – to promote 7.5 MWp of photo voltaic vitality. This additionally comes underneath the IPP section.
The corporate will provide one other 33 MW of solar energy tasks underneath the captive energy producer (CPP) section and its wholly owned subsidiary KPIG Energia Pvt. Ltd will develop the photo voltaic challenge.
Final December, KPI Inexperienced Power bought an order from lsha Prints to implement a photo voltaic challenge of 1.10 MW capability underneath the CPP section. Every week in the past its subsidiaries commissioned solar energy tasks of 38.76 MWp.
In September, the corporate introduced that it had signed PPAs with six firms to promote 15.88 MW of energy from solar-wind hybrid tasks.
