KPI Green Energy Limited (KPIGEL) has made significant strides in its renewable energy portfolio, securing a major wind power project and projecting substantial growth in order inflow. The company's recent developments signal a robust outlook for its operations in the green energy sector.

150MW Wind Power Project Secured

KPI Green Energy has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 150MW grid-connected Wind Power Project. This LOI, dated July 14, 2025, follows the company's successful participation in GUVNL's competitive bidding process for 250MW Wind Power Projects (Phase IX).

Key points of the project include:

• The Power Purchase Agreement (PPA) will be executed upon approval from the Gujarat Electricity Regulatory Commission (GERC).
• The project aligns with KPI Green's strategic vision and target of achieving 10GW capacity by 2030.
• The LOI demonstrates confidence in the company's technical expertise and commitment to sustainable energy solutions.

Projected Order Inflow Increase

In a separate development, KPI Green's Chairman and Managing Director (CMD) has projected a significant increase in order inflow for the company. The CMD anticipates:

• A 60-70% increase in order inflow over the next 9 months.
• This projection suggests potential growth and a positive business outlook for the company.

Company's Strategic Position

The recent LOI and the CMD's projections collectively paint a picture of KPI Green Energy's strengthening position in the renewable energy market. The 150MW wind power project represents a substantial addition to the company's portfolio, while the projected increase in order inflow indicates growing market demand for its services.

Mohmed Sohil Yusufbhai Dabhoya, Whole Time Director of KPI Green Energy, signed off on the LODR disclosure, underlining the company's commitment to transparency and regulatory compliance.

As the renewable energy sector continues to expand, KPI Green Energy appears well-positioned to capitalize on the growing opportunities in wind power and other green energy solutions. Investors and industry observers will likely keep a close eye on the company's progress in executing the new project and meeting its growth projections.

KPI Green Energy Limited (KPI Green) has taken a significant step towards expanding its renewable energy portfolio by securing a Letter of Intent (LOI) for a 150MW wind power project from Gujarat Urja Vikas Nigam Limited (GUVNL). This development marks a substantial advancement in the company's commitment to sustainable energy solutions.

Project Details

KPI Green Energy received a letter of intent from Gujarat Urja Vikas Nigam Ltd. to set up 150 MW wind power projects in Gujarat. The LOI was awarded to KPI Green following a competitive bidding process.

Next Steps

Following the receipt of the LOI, KPI Green is set to execute a Power Purchase Agreement (PPA) with GUVNL. However, this step is contingent upon obtaining the necessary approval from the Gujarat Electricity Regulatory Commission (GERC).

Strategic Alignment

This project aligns closely with KPI Green's strategic vision and contributes significantly to their renewable energy portfolio. The magnitude of this LOI underscores the trust placed in KPI Green's technical expertise and its commitment to delivering high-quality, sustainable energy solutions.

Company's Perspective

Mohmed Sohil Yusufbhai Dabhoya, Whole Time Director of KPI Green Energy Limited, expressed pride in securing this order, stating that it "is a testament to the trust and confidence placed in our company's technical expertise, capabilities, and commitment to delivering high-quality, sustainable energy solutions."

Project Execution

While specific timelines for project execution were not disclosed, the company is expected to proceed with the project as per the terms outlined in the LOI.

This latest development represents a significant milestone for KPI Green Energy Limited as it continues to strengthen its position in the renewable energy sector, particularly in wind power projects.