KPI Green Energy Secures ₹10.5 Billion LOI For 600 MW Round-The-Clock Renewable Project

KPI Green Energy Ltd has announced the receipt of a ₹10.5 billion LOI for a 600 MW RTC green power project, reinforcing its position as a key player in India’s clean energy transition. The project will integrate solar and wind energy to ensure uninterrupted power supply, addressing grid reliability and industrial demand. This development aligns with the company’s strategy to scale hybrid renewable assets and support India’s decarbonization goals.

Major takeaways  

• The 600 MW RTC project will combine solar and wind generation to deliver consistent power output  
• LOI valued at ₹10.5 billion, reflecting strong investor and institutional confidence  
• The project will be executed under the Independent Power Producer (IPP) model  
• KPI Green aims to commission the project in phases, starting FY27  
• The initiative supports India’s push for 24x7 renewable energy solutions

Notable updates  

• KPI Green has recently secured multiple EPC and O&M contracts, including a 200 MW solar order from SJVN  
• The company is expanding its footprint across Gujarat and Rajasthan with hybrid parks  
• Management expects the RTC model to attract large industrial consumers seeking reliable green energy

Sources: KP Group Press Releases, KPI Green Energy Newsroom  Economic Times