KPI Green subsidiary signs BESPA with GUVNL for 445 MW BESS projects
KPI Green Energy Limited has announced that its subsidiary, Sun Drops Energia Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to develop independent power producer (IPP) standalone battery energy storage system (BESS) projects. The agreement covers projects with an aggregate capacity of 445 MW / 890 MWh to be implemented at multiple locations across Gujarat. The projects were awarded through a tariff-based competitive bidding process conducted…