KPI Green Energy Ltd has begun supplying power from its 240 MW DC solar project under a long-term Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL). The project marks a significant milestone in India’s renewable energy expansion, reinforcing the company’s leadership in solar generation.
KPI Green Energy Ltd, a prominent renewable energy developer, announced the commencement of power supply from its 240 MW DC solar project. The project operates under a long-term PPA with Gujarat Urja Vikas Nigam Ltd (GUVNL), ensuring stable revenue streams and contributing to India’s clean energy transition. This development highlights the company’s commitment to expanding sustainable energy infrastructure and supporting national renewable energy goals.
Key highlights from the announcement include
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Power supply commenced from 240 MW DC solar project.
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Project operates under a long-term PPA with GUVNL.
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Milestone strengthens KPI Green Energy’s position in India’s solar sector.
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Contribution aligns with India’s renewable energy and sustainability targets.
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Stable revenue streams expected through long-term contractual arrangements.
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Company continues to expand renewable capacity to meet rising demand.
Industry experts note that the project underscores KPI Green Energy’s ability to deliver large-scale renewable solutions while supporting India’s energy transition. The long-term PPA ensures financial stability, making the initiative a key step in strengthening the country’s renewable energy ecosystem.
Sources: Reuters, Economic Times, Business Standard