KPI Green Energy Commissions 25 MW Solar Project for Greenlab Diamonds

KPI Green Energy Joins Hands with Uttarakhand Govt for 500 MW Solar Park

Surat-headquartered KPI Green Energy has announced that it has commissioned a 25 MW solar power project for Greenlab Diamonds in Surat. It held that the new solar power project is part of its captive power producer (CPP) segment.

KPI Green Energy has shared this information with stock exchanges. In a different stock exchange filing, KPI Green Energy also revealed the appointment of Salim Suleman Yahoo as the new Chief Financial Officer (CFO).

Yahoo was appointed to the said position after an approval from the board in its meeting on Thursday. Yahoo has taken over after the resignation of Shabana Bajari from the position of interim CFO was accepted by KPI Green Energy.

Solar EPC Firm KPI Green Energy Gets New Orders for 24.9 MW Projects

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A week ago, KPI Green Energy had said that it had inked a set of new Power Purchase Agreements (PPAs) to sell 6.3 MW of solar power. The company will make the green energy sale in the interdependent power producer (IPP) segment under the terms of the contract.

It had signed long-term PPAs with three private companies. The green energy company has signed a PPA with Heubach Colour Pvt. Ltd. under which the purchaser will buy a capacity of 2.9 MW from KPI Green. The second firm is Sachin Paper Mills, which will be purchasing 400 KW of solar power. The third firm is Alembic Pharmaceuticals Ltd. that will purchase 3 MW. The total green power sale of KPI Green Energy will come to 6.3 MW

The company also revealed recently that it will be supplying another 33 MW of solar power projects under the captive power producer (CPP) segment and its wholly-owned subsidiary KPIG Energia Pvt. Ltd will be developing the solar project.

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KPI Green Energy develops, operates, and maintains captive solar power projects for clients. It was previously called KPI Global Infrastructure. The group is also into the business of power production and solar energy sale under the Solarism brand in the state of Gujarat.