KPI Green Bags 150 MW Wind Project from GUVNL
KPI Green Energy secures 150 MW wind project from GUVNL under Phase IX auction. PPA to follow GERC approval. Project supports KPI’s goal of achieving 10 GW capacity by 2030.
July 15, 2025. By EI News Network
KPI Green Energy Ltd. has secured a 150 MW capacity allocation from Gujarat Urja Vikas Nigam Ltd. (GUVNL) under its latest wind energy tender, marking a significant boost to the company’s renewable energy portfolio.
The Letter of Intent (LoI) was issued under GUVNL’s Phase IX wind auction floated in January this year. A reverse e-auction was conducted on April 22, in which KPI Green emerged as one of the successful bidders. The tender also included a greenshoe option for an additional 250 MW.
The Power Purchase Agreement (PPA) will be signed post-approval from the Gujarat Electricity Regulatory Commission (GERC).
As per the firm, the project is part of KPI Green’s strategic vision to achieve a 10 GW renewable energy portfolio by 2030.
please contact: contact@energetica-india.net.
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