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

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

Independent Power Producer KPI Green Energy Limited, in partnership with Advait Infratech Limited, has entered into a Memorandum of Understanding (MoU) with the Government of Uttarakhand. The agreement sets sights on setting up a 500 MW solar park under the Captive Power Producer (CPP) segment.

KPI Green Energy has won several orders in the recent past. Among the major orders secured are a Letter of Intent (LOI) for a 145.20 MW wind-solar hybrid power project (comprising 145.20 MW wind and 50 MW solar) by Ayana Renewable Power Four Private Limited, based in Bangalore. It also entered into a memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) a few months back. Earlier, KPI Energy also emerged as the winner of 200 MW capacity in the Gujarat Urja Vikas Nigam Limited (GUVNL) tender for development of a solar photovoltaic power project.

The firm is eyeing the target of exceeding 1000 MW by 2025.

KPI Green Wins 16.90 MW Aggregate Orders Under Captive Segment

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The Uttarakhand State Solar Policy 2023 was announced a few months back. The policy places premium especially on rooftop solar, community solar, setting up solar villages, behind the meter projects (with energy storage).