KPI GREEN ENERGY RECEIVES LOI FOR 76.6 MW DC WIND-SOLAR HYBRID… — Market Wizard — TG.ME

KPI GREEN ENERGY RECEIVES LOI FOR 76.6 MW DC WIND-SOLAR HYBRID PROJECT IN GUJARAT

• KPI Green Energy has received a Letter of Intent (LOI) from a domestic private corporate entity for a Group Captive Renewable Energy Partnership.

• The project involves development, ownership and operation of a 33.6 MW Wind + 43 MW DC Solar hybrid power project in Gujarat.

• Total project capacity: 76.6 MW DC

• KPI Green Energy will undertake project development, construction and commissioning within 14 months from Stage-2 connectivity, and no later than December 31, 2027.

• The Energy Supply Agreement will have a 25-year tenure from the Commencement Date.

• Promoter/Promoter Group interest: None in the entity awarding the LOI.
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