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KPI Green Energy to Commission Hybrid Power Project in Gujarat by Mar 23

KPI Green Energy is developing a hybrid power project comprising of 16.10 MW wind and 10 MWdc solar capacity at Bhungar site in Mahuva, at Bhavnagar, Gujarat under the Gujarat hybrid power policy 2018.

 

The company has achieved financial closure of Rs. 132 crore from State Bank of India for the project.

 

The company has also arranged long term power purchase agreements in advance with various corporate companies for sale of power out of the hybrid power project upon commissioning.

 

The project is scheduled to commission in March 2023.

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