KPI Green Energy Limited has informed the Exchange regarding 'receipt of Letter of Award from Aditya Birla Renewables Limited for 64 MWac / 96 MWp Solar Balance of Plant. The detailed disclosure is attached herewith.'.
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KPI Green Energy's wholly-owned subsidiary, KPIG Energia Private Limited, has received a Letter of Award from Aditya Birla Renewables Limited (ABRL) for a 64 MWac / 96 MWp Solar Balance of System (BoS) power plant at Mahua, Gujarat. The scope covers design, engineering, procurement, supply, transportation, installation, testing, commissioning, and performance acceptance for the project. The order has been awarded by a domestic entity and is not a related party transaction. The company stated this win supports its long-term roadmap of reaching 10 GW of renewable capacity by 2030.
This is a sizeable new order that strengthens KPI Green's order book and reinforces investor confidence in its execution track record in large-scale solar projects. It is a positive operational development, though the actual revenue impact will depend on execution timelines and order value, which were not disclosed.