Deals Counterparts

KPI Green Energy commissions additional 24.2 MW AC solar capacity as part of 250 MW AC project awarded by GUVNL

Development Solar announced India Mar 10, 2026
24.2 MW
Capacity
development
Stage

KPI Green Energy has commissioned an additional 24.2 MW AC of solar power capacity, bringing its total commissioned capacity to 48.4 MW AC. This development is part of a larger 250 MW AC solar project awarded by GUVNL, which is expected to be fully completed by October 2026. The project contributes to India's renewable energy goals and demonstrates KPI Green Energy's ongoing development in the solar sector.

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Source Intelligence

KEY DETAILS

The development is part of a larger 250 MW AC (350 MW DC) grid-connected solar power project that was awarded by Gujarat Urja Vikas Nigam Limited through a competitive bidding process. With this new addition, the total commissioned capacity of the project has reached 48.4 MW AC (69.41 MW DC). The solar project is being developed under the Independent Power Producer (IPP) model and will contribute to the supply of clean electricity once fully operational.

Capacity
In the latest phase of construction, the company has successfully commissioned an additional 24.2 MW AC (35.01 MW DC) of solar power capacity.
Location
The company informed both BSE Limited and the National Stock Exchange of India on March 10, 2026, about the successful progress of the project. The development is part of a larger 250 MW AC (350 MW DC) grid-connected solar power project that was awarded by Gujarat Urja Vikas Nigam Limited through a competitive bidding process.
PPA Details
The development is part of a larger 250 MW AC (350 MW DC) grid-connected solar power project that was awarded by Gujarat Urja Vikas Nigam Limited through a competitive bidding process.
Announcement
The company informed both BSE Limited and the National Stock Exchange of India on March 10, 2026, about the successful progress of the project.
COD
The company informed both BSE Limited and the National Stock Exchange of India on March 10, 2026, about the successful progress of the project.
Expected Close
The company stated that the overall 250 MW AC solar installation is expected to be fully completed by October 2026.
PARTIES MENTIONED IN SOURCE
K
KPI Green Energy developer

"KPI Green Energy has announced a new milestone in its renewable energy operations with the commissioning of additional capacity at one of its major solar power projects."

G
Gujarat Urja Vikas Nigam Limited buyer

"The development is part of a larger 250 MW AC (350 MW DC) grid-connected solar power project that was awarded by Gujarat Urja Vikas Nigam Limited through a competitive bidding process."

high quality Enriched Mar 10, 2026

Timeline

Announced
Mar 10, 2026
Signed
Closed

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