KPI Green Energy Limited has informed the Exchange regarding 'Press Release titled KPI Green Energy Limited Successfully Energises 965 MWp Capacity out of its 2.17 GWp Independent Power Producer (IPP) Portfolio . The disclosure is attached herewith.'.
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KPI Green Energy has energised an additional 376 MWp of renewable capacity, taking its total commissioned IPP portfolio to 965 MWp out of a planned 2.17 GWp. Key milestones include the 200 MW/240 MWp Khavda Solar IPP commissioned in January 2026, early synchronisation of a 92.15 MWp hybrid project ahead of its July 2026 deadline, and ongoing execution of 350 MWp solar and 677 MWp hybrid projects with GUVNL (targeted by October 2026). The company also signed a new 150 MW wind PPA in November 2025 and entered the energy storage segment via its subsidiary with a 445 MW/890 MWh BESS agreement with GUVNL. The company emphasises long-term contracted revenue through 25-year PPAs.
Positive for shareholders — the rapid capacity addition strengthens long-term revenue visibility through 25-year PPAs with a state-owned off-taker (GUVNL), reinforces the shift to an asset-backed IPP model, and signals strong execution capabilities. The BESS entry and wind PPA expand the growth runway beyond solar.