KPEL Secures 99 MW Wind Project Order from Inox Renewable Solutions
K.P. Energy Limited (KPEL) has received a Letter of Award from Inox Renewable Solutions Limited for the turnkey development of a 99 MW wind power project in Bhuj, Gujarat. The project involves installing 3MW WTGs and includes full turnkey execution. The order is from a domestic entity.
Securing a 99 MW wind power project is a significant development that will contribute to the company's revenue and market presence, thus having a medium impact.
The company has received a new order, which is a positive development indicating business growth.
K.P. Energy Limited (KPEL) has announced the receipt of a Letter of Award (LOA) from Inox Renewable Solutions Limited for the turnkey development of a 99 MW wind power project located in Bhuj, Gujarat.
The project's scope encompasses the installation of Inox make wind turbine generators (WTG), specifically the INOX DF/3000/145 3.0 MW model with a 122.5m hub height. KPEL will be responsible for the complete turnkey execution, including engineering, procurement, construction, erection, testing, and commissioning of the balance of plant works, as well as obtaining all necessary statutory approvals and permits.
The terms and conditions of this award are in line with those specified by NTPC for its 99MW Phase-II project. The aggregate order size represents a 99 MW wind power project, comprising Inox make WTGs, each with a rated capacity of 3MW. The project is to be executed as per the schedules stipulated in the Letter of Award. Inox Renewable Solutions Limited is a domestic entity, and K.P. Energy Limited has confirmed that there is no conflict of interest or related party transaction involved.
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K.P. Energy Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by K.P. Energy Limited. Read the original for the full detail.