KPI Green Energy Receives LOA for 100 MWAC Solar Project from MAHAGENCO

KPI Green Energy Limited has announced a significant milestone, having secured a Letter of Award (LOA) from Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) for the development of a 100 MWAC solar power project. This project is part of MAHAGENCO’s ambitious plan to develop a cumulative capacity of 600 MWAC solar PV power projects across various locations in Maharashtra under the RE Bundling Scheme.

It may be noted that the firm won the bid in the month of March this year. "It not only marks KPI Green Energy’s successful bid but also extends their strategic footprint beyond Gujarat into Maharashtra. The project includes an Engineering, Procurement, and Construction (EPC) package with land, coupled with three years of Operation and Maintenance (O&M) services," informed the firm in its note.

"This is a significant achievement for KPI Green Energy and highlights our unwavering commitment to promoting renewable energy solutions," stated Moh. Sohil Yusuf Dabhoya, Whole-Time Director of KPI Green Energy Limited.

"Expanding into Maharashtra allows us to leverage new opportunities and bring our solar power expertise to a broader geographical area, reinforcing our position as a leading player in the renewable energy sector," he added.

This development underscores KPI Green Energy's role in advancing sustainable and clean energy initiatives, supporting Maharashtra's energy needs, and contributing to India's renewable energy targets.