KPI Green Energy secures ₹696.50 crore solar project from SJVN

KPI Green Energy Limited has secured three Letters of Award (LOAs) from SJVN Limited, a Government of India Enterprise, for a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat. The total aggregate value of these contracts, excluding GST, amounts to ₹696.50 crore.

The project encompasses a full-scope EPC (Engineering, Procurement, and Construction) package, along with a long-term Operation & Maintenance (O&M) contract. The first contract, valued at ₹486.89 crore, covers the supply of all plant and equipment. The second, for ₹178.27 crore, is for erection, testing, commissioning, and civil & structural works, both to be executed as per the project schedule.

The third contract, valued at ₹31.34 crore, is for comprehensive Operation & Maintenance over a three-year period from the Commercial Operation Date. This award strengthens KPI Green Energy's presence in Khavda, increasing its total portfolio in the region to over 845 MWp (DC).