K.P. Energy Limited (KPEL) has received 1003.7MW in fresh orders for wind-solar hybrid and solar power projects from KPI Green Energy Limited, a group company. The projects, awarded under Gujarat Urja Vikas Nigam Limited (GUVNL) tenders, include EPCC services and are scheduled to be completed within the time frames specified in the definitive agreements.. The transaction is at arm’s length.
Project Breakdown
The order is divided into three phases:
- Phase I: Hybrid Project – 86.8 MW (70 MW Solar, 16.8 MW Wind)
- Phase II: Hybrid Project – 641.9 MW (518 MW Solar, 123.9 MW Wind)
- Phase III: Solar Project – 275 MW
Key Details
- Awarding Entity: KPI Green Energy Limited
- Nature of Order: Commercial Order
- Execution Timeline: Aligned with the definitive agreements.
- Aggregate Order Size: 1,003.7 MW
