KPI Green Energy Inks Agreement for Renewable Energy with MAHAPREIT

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

KPI Green Energy Ltd, the solar vertical of KP Group and a firm that produces renewable energy, has entered into a memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). MAHAPREIT is a subsidiary of Maharashtra’s MPBCDC (Mahatma Phule Backward Class Development Corporation). KPI Green Energy will work on several projects with MAHAPREIT centered around renewable energy.

The agreement will pave the way for KPI Green Energy to serve as the knowledge partner for MAHAPREIT. The partnership will jointly address initial challenges by creating a comprehensive strategic plan tailored to each project’s requirements. Furthermore, KPI Green Energy will also lend support in operational and control management aspects across the project lifecycle.

KPI has set the target of achieving 1000 MW by 2025. Earlier, KPI Energy emerged as the winner in the Gujarat Urja Vikas Nigam Limited (GUVNL) tender for development of a solar photovoltaic power project.

MAHAPREIT recently invited bids to obtain offers from solar power developers for design, engineering, supply, erection, testing, and commissioning of distributed solar project (2 MW to 10 MW capacity). The tender is for the solar park project in Maharashtra with a cumulative capacity of 100 MW on EPC basis. In June, MAHAPREIT issued an RFS for the outright purchase of land of 1600 Acres with all requisite statutory clearances inclusive of chain link fencing around the periphery of the land, power transmission infrastructure up to the interconnection point of STU and obtaining connectivity with STU for setting up to 400 MW solar power project(s) in the State of Maharashtra.