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K.P. Energy secures 1,003.7 MW EPC orders from KPI Green

India, News

K.P. Energy, based in Gujarat, has secured engineering, procurement, and construction (EPC) contracts totalling 1,003.7 MW from its parent company, KPI Green Energy.  The projects include an 86.8 MW hybrid plant (70 MW solar and 16.8 MW wind), a 641.9 MW hybrid plant (518 MW solar and 123.9 MW wind), and a 275 MW solar plant.  These projects were awarded to KPI Green Energy through various tenders by Gujarat Urja Vikas Nigam Ltd (GUVNL).  K.P….

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KPI Green signs PPAs with GUVNL for renewable energy projects

India, News

KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects.  The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India, with an additional greenshoe option for up to 500 MW. Additionally, KPI Green secured a 370 MWAC (642 MWDC) grid-connected…

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KPI Green secures approvals for 16 MW solar projects

India, News

KPI Green Energy Limited has received approvals from the Chief Electrical Inspector for 16 MW of solar power projects under its captive power plant (CPP) business. These projects were executed for KPI Green Energy’s clients and developed through its wholly-owned subsidiaries, KPIG Energia Private Limited and Sun Drops Energia Private Limited.

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KPI Green Energy receives LoI for 13.3 MW solar projects  

India, News

KPI Green Energy has announced that it has received Letters of Intent (LoI) for developing 13.30 MW of green energy projects. The projects will be executed by the company’s wholly-owned subsidiary, Sun Drops Energia, as stated in a regulatory filing. These solar power projects, with a total capacity of 13.30 MW, will be developed under the Captive Power Producer (CPP) business segment. The projects are set to be completed in various tranches during the financial…

Power Sector News Roundup for November 5, 2024

Power Bytes

Global: ACWA Power secures $240 million IFC loan for Uzbekistan’s RE projects HydroWing and PLN to develop Indonesia’s first tidal energy plant Huasun Energy to supply 1 GW of HJT solar modules for Power China’s offshore PV project Avantus sells Catclaw Solar and Energy Storage Project to DESRI India: Premier Energies’ subsidiaries receive orders worth Rs 5.6 billion Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra NTPC and ONGC partner to drive…

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Sun Drops receives LoI for 9 MW solar projects under CPP segment

India, News

Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment.  The projects are scheduled for completion in various tranches by May 2025.

Power Sector News Roundup for October 17, 2024

Power Bytes

Global: – World Bank approves USD 250 million for renewable energy in Lebanon– Masdar and Presight to launch AI tool for managing RE assets globally– Fugro to site investigate Rhein-Main-Link offshore wind cable project in Germany– Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia– Ignitis Group to bid in Lithuania’s second offshore wind tender – Quinbrook signs offtake agreements with Tesco and Shell for Cleve Hill Solar Park– VNG AG…

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Bondada Engineering secures over Rs 110 billion solar EPC contracts

India, News

Hyderabad-based Bondada Engineering Ltd, part of the Bondada Group, has secured two solar EPC mandates worth over Rs 110 billion. According to a stock exchange filing, the company won two orders valued at Rs 76.32 billion and Rs 36.91 billion, respectively, for ground-mounted solar PV projects in Maharashtra under the Mukhyamantri Saur Krishi Vahini Yojana 2.0 (MSKVY 2.0). MSKVY 2.0 is a Maharashtra government initiative aimed at achieving 30% solarization of agriculture feeders by 2025….

Key Power Sector News Roundup for September 26, 2024

Power Bytes

MERC approves MSEDCL’s procurement of 5,991 MW solar power The Maharashtra Electricity Regulatory Commission (MERC) approved MSEDCL’s procurement of 5,991 MW solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0. The Rs 3.10 per kWh ceiling tariff ensures competitive pricing. This initiative aims to solarize 30% of agricultural feeders by 2025, helping meet rising renewable purchase obligation (RPO) targets and easing Koyna hydroelectric plant’s peak demand. Zelestra signs 450 MW solar power supply agreement with…