KPI Green signs deal with Coal India for 300 MW solar project
Author: PPD Team Date: 04/02/2025
KPI Green Energy has signed a contract with Coal India for the development of a 300 MWAC grid-connected solar photovoltaic (PV) plant at the Gujarat Industries Power Company (GIPCL) Solar Park in Khavda, Gujarat.
The total contract value is Rs 13.11 billion, covering both the development and operation & maintenance (O&M) services for five years. The project is expected to be completed by November 2025.
Additionally, KPI Green Energy, along with its subsidiary KPIG Energia Private Limited, recently commissioned 40.16 MW of renewable energy projects under the Captive Power Producer (CPP) segment in India.
The company secured Rs 1.1 billion worth of new orders in January 2025, including solar projects, transmission towers, pooling substation projects, and solar rooftop initiatives. Most of these orders are expected to be completed by March 31, 2025, reflecting the company’s growing market share and capacity.