KPI Green Energy's 92.15 MW Hybrid Project Begins Power Supply Ahead of Schedule
KPI Green Energy Limited has announced the commencement of power generation and supply from its 92.15 MWp IPP Hybrid Power Project, awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). This project, w...
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Why is KPI Green Energy Limited in the news today?
KPI Green Energy Limited (KPIGREEN) is in the news due to the company has started supplying power from a new project ahead of schedule, which is expected to contribute to revenue and strengthen its renewable energy portfolio.
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KPI Green Energy's 92.15 MW Hybrid Project Begins Power Supply Ahead of Schedule
January 2, 2026, 01:11 PM
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KPI Green Energy Limited has announced the commencement of power generation and supply from its 92.15 MWp IPP Hybrid Power Project, awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). This project, which includes 16.95 MW of wind power capacity and 75.2 MWp of solar power capacity, has achieved grid synchronization and started injecting power into the grid. The power supply has begun well ahead of the scheduled project completion timeline of July 2026.
With the start of generation, the project is expected to contribute to the company's revenue on a sustained basis, supported by a long-term Power Purchase Agreement with GUVNL. This contracted nature is anticipated to provide stable and predictable cash flows, enhancing the company's renewable energy portfolio.
Dr. Faruk G. Patel, Chairman & Managing Director of KPI Green Energy Limited, stated that the early start demonstrates the team's strong execution capabilities and commitment to timely delivery of large-scale renewable energy projects. He highlighted that hybrid solutions are crucial for enhancing generation reliability and reinforced the company's position as a trusted partner for state utilities.
This development aligns with KPI Green Energy Limited's strategic objective to expand its presence in wind, solar, and hybrid power segments, supporting grid stability and building a diversified renewable energy portfolio for long-term stakeholder value creation.
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