KPI Green Energy Signs 300 MW Wind Power PPA with SJVN Limited
KPI Green Energy executed a PPA with SJVN Limited for a 300 MW wind power project. The project will operate under a 25-year PPA at a fixed tariff of ₹3.64 per unit. Power supply is expected to commence within 24 months.
The PPA is for a substantial 300 MW project with a long-term tenure and fixed tariff, which will significantly contribute to the company's revenue and strategic roadmap, thus having a high impact on its business.
The execution of a significant Power Purchase Agreement (PPA) for a large-scale wind power project is a positive development for the company, indicating business growth and securing future revenue streams.
KPI Green Energy Limited has executed a Power Purchase Agreement (PPA) with SJVN Limited for a 300 MW Inter-State Transmission System (ISTS)-connected Wind Power Project.
The project was secured through a competitive bidding process and will operate under a long-term PPA at a fixed tariff of ₹3.64 per unit for 25 years. Power supply is expected to commence within 24 months from the effective date of the PPA.
This agreement is a significant milestone for the company's wind energy portfolio, providing stable cash flows and strengthening its position within the Group's KP 3.0 roadmap, which aims to build 10 GW of owned IPP capacity by FY32. The PPA is with a domestic entity, SJVN Limited, and has a contract size of 300 MW.
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