KPI Green Energy Secures INR 489 Cr EPC Order for 110 MW Floating Solar Projects in Gujarat
KPI Green Energy has bagged an INR 489.17 crore EPC order from Gujarat State Electricity Corporation to build a 142 MW (DC)/110 MW (AC) floating solar PV project at the Kadana Dam in Gujarat.
December 03, 2025. By Mrinmoy Dey
The project involves full turnkey scope — design, engineering, procurement, construction, and installation of the floating PV system, along with grid-connection infrastructure, including a 33 kV underground transmission line to the pooling station, and 33/220 kV bays at the Kadana substation, the company stated in a regulatory filing.
The project is slated for completion within the period of 18 months and also includes a comprehensive 10-year operation and maintenance (O&M) contract.
Commenting on the development, Dr. Faruk G. Patel, Chairman and Managing Director, KP Group, said, “Winning the 110 MW floating solar EPC contract from GSECL is a major milestone for KPI Green Energy and the KP Group. It expands our portfolio into next-gen floating solar technology, reinforces our full-service EPC credentials, and underscores our commitment to driving India’s energy transition.”
The floating solar project represents a strategic diversification for the company — combining solar power generation with innovative floating PV technology — and positions KPI Green Energy as a premier EPC solutions provider across ground-mounted, rooftop, and now floating solar segments, the company stated.
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