KPI Green bags Rs 696 cr solar project in Gujarat

New Delhi: KPI Green Energy on Monday said it has inked contract agreements with state-owned SJVN Ltd for an order worth Rs696.50 crore to develop a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat. This development represents a major advancement in KPI Green's expanding portfolio of utility-scale renewable energy projects, a company statement said. KPI Green Energy Ltd has signed contract agreements with SJVN Ltd, a Government of India enterprise, for the execution of a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat, according to the statement. The contract, valued at Rs696.50 crore (excluding GST), reinforces KPI Green's position as a credible and trusted EPC partner for large-scale renewable projects, it stated. Under the executed agreements, KPI Green will supply all plant and equipment required for the 200 MW (AC) solar project, in accordance with approved specifications and quality assurance plans. It is also responsible for erection, installation, and construction activities, covering all civil, architectural, and structural works at the project site. It will also deal with unloading, handling, storage, and insurance coverage of plant and equipment supplied under the contracts.