KPI Green Energy Ltd announced today it has been awarded a Letter of Intent (LOI) for a 145.20 MW wind-solar hybrid power project by Bengaluru-based Ayana Renewable Power Four.
KPI will build the project comprising 145.20 MW wind and 50 MW solar components in the state of Gujarat. The project falls under the company’s ‘captive power producer’ business segment, stated KPI.
The company’s scope of work includes land acquisition, design, manufacturing, supply, construction, erection, testing, and commissioning for the balance of plant, as well as facilitating power evacuation facilities and securing the necessary approvals and permits for the project.
The project is scheduled to be completed in the financial year 2024-25.
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