KPI Green Energy forms new SPV for renewable projects
KPI Green Energy Limited has established a Special Purpose Vehicle (SPV), named KPIN Clean Power One LLP. The SPV will focus on renewable energy generation and distribution. The SPV, KPIN Clean Power One LLP, was incorporated with contributions of Rs. 99,000 from KPI Green Energy and Rs. 1,000 from its wholly owned subsidiary, KPark Sunbeat Private Limited. The entity has not yet started business operations. KPIN Clean Power One LLP will operate in the renewable…