KPI Green Energy Secures Three Major Letters of Award from SJVN Valued at ₹6.97 Billion

Image Source : BW Businessworld

KPI Green Energy has received three distinct Letters of Award (LOAs) from SJVN Limited, aggregating to a substantial contract value of ₹6.97 billion. These orders reaffirm KPI Green's leadership in the renewable energy sector and its expanding portfolio of large-scale solar and hydro projects.

KPI Green Energy, a leading renewable energy developer in India, announced that it has been awarded three separate Letters of Award (LOAs) by SJVN Limited, a central public sector undertaking prominent in hydropower generation. The cumulative value of these contracts stands at ₹6.97 billion (approximately USD 87 million), marking a significant milestone in KPI Green's strategic growth trajectory.

The awarded projects encompass development, engineering, procurement, and construction of renewable energy assets, including solar PV and hydroelectric components, aligned with India's aggressive renewable energy capacity targets. KPI Green's technical expertise and operational excellence continue to be validated by these substantial order wins.

These contracts will involve turnkey execution, reflecting KPI Green's end-to-end capabilities from project conception to post-commissioning operations and maintenance. The partnership with SJVN further boosts KPI Green’s footprint in central government projects and reinforces its position in India’s transition towards sustainable and clean energy solutions.

Chairman & Managing Director Dr. Faruk Patel highlighted the importance of these awards, stating, "KPI Green Energy is proud to collaborate with stalwart organizations like SJVN in advancing India's renewable energy ambitions. These projects underscore our commitment to delivering reliable, green power infrastructure of the highest standards."

Notable Highlights:

KPI Green Energy received three separate LOAs from SJVN Limited, totaling ₹6.97 billion.
Projects include development of solar and hydro power generation assets.
Scope involves comprehensive engineering, procurement, construction, and O&M services.
Contracts strengthen KPI Green’s presence in government-backed renewable energy initiatives.
Aligns with India’s renewable energy expansion goals towards net-zero emissions.
KPI Green’s expertise in turnkey project delivery was pivotal in securing these awards.
Partnership with SJVN bolsters strategic growth and market leadership in clean energy.
Projects scheduled for phased execution, contributing significantly to upcoming fiscal growth.

KPI Green Energy’s robust order book and strategic collaborations poise it for long-term growth while advancing India’s sustainable development goals through clean energy innovation and infrastructure expansion.

Sources: EQ Mag Pro, Angel One, Economic Times, KPI Green Energy official website

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KPI Green Energy Secures Three Major Letters of Award from SJVN Valued at ₹6.97 Billion

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