KPI Global Expands Capacity of its Solar Power Project in Gujarat

KPI Global Infrastructure Limited has declared that it has added 7.5 MW to its existing solar power project located in Amod taluka of Gujarat’s Bharuch district.

The additional capacity was commissioned on November 4, 2019, for the company’s industrial customers UPL Limited, Vapi and Colourtex Industries, as per a filing on the Bombay Stock Exchange.  The companies have signed power purchase agreements for which the KPI Global has received the commissioning certificate from Gujarat Energy Development Agency. This group captive project has been set up under the open access regulations of Gujarat.

The company has successfully appointed the full capacity of 25 MW under the second phase of its solar projects, according to the BSE filing documents. KPI Global has received financial assistance from Power Finance Corporation Limited for these projects.

For an additional capacity of 20 MW which takes the total capacity up to 60 MW at its project site at Amod taluka in Bharuch district of Gujarat, the company has got a registration certificate from GEDA for setting up of solar ground-mounted project under Gujarat Solar Power Policy, 2015.