KPI Green wins GUVNL’s 150 MW wind project

KPI Green Energy Private Limited has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for setting up a 150 MW grid-connected wind power project under Phase IX. The LoI was issued on July 14, 2025.

The project was awarded through a competitive bidding process for 250 MW, with a greenshoe option of another 250 MW. The power purchase agreement will be executed after approval from the Gujarat Electricity Regulatory Commission (GERC).

KPI Green has set a target of reaching 10 GW by 2030.