KPI Green Energy Limited has informed the Exchange regarding 'successful commissioning of additional 24.2 MW AC / 35.01 MW DC capacity in its ongoing 250 MW AC / 350 MW DC grid-connected solar IPP project awarded by Gujarat Urja Vikas Nigam Limited. The disclosure is attached herewith.'.
KPIGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KPI Green Energy has commissioned an additional 24.2 MW AC (35.01 MW DC) of solar capacity at its 250 MW AC / 350 MW DC grid-connected solar IPP project awarded by GUVNL through competitive bidding. With this addition, total commissioned capacity under the project has risen to 48.4 MW AC / 69.41 MW DC, roughly 19% of the project's full AC capacity. The company is executing the project in phases, with the overall completion timeline set for October 2026. This continues the company's steady build-out of the project and supports its role in India's renewable energy transition.
Positive incremental progress on a long-dated solar project — strengthens the company's execution track record and sets up future revenue ramp-up, though the majority of capacity (around 201 MW AC) still needs to come online before the October 2026 deadline.