KPI Green Energy has been awarded three distinct letters of award (LOAs) from SJVN for a 200 MW (AC) solar power project located at the GIPCL Renewable Energy Park in Khavda, Gujarat.
The project involves a comprehensive engineering, procurement, and construction (EPC) scope, followed by a long-term operation and maintenance (O&M) contract. The first contract is valued at Rs 486.89 crore for the supply of all plant and equipment. The second contract, worth Rs 178.27 crore, covers erection, testing, commissioning, and civil & structural works. The third contract, worth Rs 31.34 crore, is for comprehensive O&M for three years from the commercial operation date (COD).
The total aggregate value of the contracts is Rs 696.50 crore, marking a significant step in the company’s expansion in the renewable energy sector.