Kpi Green Energy Ltd has signed a power purchase agreement with Gujarat Urja Vikas Nigam Ltd (Guvnl) for a 150 MW wind power project. The project will operate at a fixed tariff of Rs 3.64 per unit for 25 years, ensuring long-term revenue visibility and grid stability.
Kpi Green Energy Ltd, a leading renewable energy developer, has entered into a significant agreement with Guvnl to supply 150 MW of wind power. The power purchase agreement (PPA), finalized on November 6, 2025, sets a fixed tariff of Rs 3.64 per unit for a tenure of 25 years.
The project is part of Guvnl’s broader initiative to enhance clean energy procurement and reduce dependence on fossil fuels. Kpi Green will execute the project under the Independent Power Producer (IPP) segment, contributing to Gujarat’s renewable energy targets and national decarbonization goals.
The fixed tariff structure ensures predictable cash flows and supports Kpi Green’s long-term financial planning. The company continues to expand its wind-solar hybrid portfolio and remains committed to sustainable infrastructure development.
Key Highlights
- 150 MW wind power agreement signed with Guvnl
- Fixed tariff of Rs 3.64/unit for 25 years
- Project to be executed under IPP model
- Supports Gujarat’s clean energy goals
- Enhances Kpi Green’s renewable energy footprint
Sources: Moneycontrol, Business Standard, Kpi Green Energy Regulatory Filings, Economic Times