The Sherpa Signal · 2026-11-02 RARE PAIRING
200 MW Solar Supply Locks in Decades-Long Power
ENGIE clinches long-term Indian PPA
ENGIE signs 25‑year power purchase agreement for the 200 MW Khavda solar farm in Gujarat, India
Capacity
200 MW
Country
India
Announced
2026-10-30
KEY FACTS
TypePPA
Capacity200 MW
SectorSolar
CountryIndia
Announced2026-10-30
THE PARTIES
ENGIEDeveloper
Gujarat Urja Vikas Nigam LtdOfftaker
Standout 200 MW Solar project in India
Sherpa analysis
ENGIE’s 25-year agreement demonstrates its aggressive expansion into India’s utility-scale solar market, using its development expertise to capture stable revenue streams. The deal leverages Gujarat Urja Vikas Nigam’s need for reliable renewable supply, reinforcing ENGIE’s growth narrative and supporting ENGI’s earnings outlook.
Parties
- ENGIE (Developer)
- Gujarat Urja Vikas Nigam Ltd (Offtaker)
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The Sherpa Signal highlights one notable infrastructure transaction each day, drawn from the deals we track. Editorial commentary for information only — not investment advice. · Global Infrastructure Sherpa