K.P. Energy bags 100 MW wind power LoA from SECI at Rs 3.67 per kWh
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K.P. Energy received a Letter of Award from SECI for a 100 MW ISTS-connected wind power project in Gujarat under Tranche XIX competitive bidding. Tariff is Rs 3.67 per kWh. Upon PPA execution, the company IPP portfolio will increase to about 150 MW. Power supply to start within 24 months of PPA effective date.
Significant milestone - triples IPP portfolio to 150 MW. Strengthens long-term revenue visibility from wind power generation.