KPI Green Energy Commences Operations of 200 MW Solar Project at Khavda Solar Park

2 min read     Updated on 29 Jan 2026, 03:07 PM
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Suketu GScanX News Team
Overview

KPI Green Energy Limited has commenced operations of its 200 MW AC / 240 MW DC solar power project at Khavda Solar Park under a long-term PPA with GUVNL. The facility incorporates advanced technologies including IoT-powered robotic cleaning systems and real-time monitoring capabilities. The project is expected to generate approximately 47.3 crore kWh annually, electrify around 1.3 lakh houses, save 3.4 lakh metric tonnes of CO2 annually, and create 1,000 green jobs, marking a significant milestone in Gujarat's renewable energy expansion.

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*this image is generated using AI for illustrative purposes only.

KPI Green Energy Limited has successfully commenced power generation and supply from its 200 MW AC / 240 MW DC grid-connected solar power project, marking a significant milestone in Gujarat's renewable energy expansion. The project, awarded by Gujarat Urja Vikas Nigam Limited (GUVNL) through a competitive bidding process, has achieved grid synchronization and begun initial power injection into the state grid.

Project Overview and Strategic Significance

The solar facility operates under a long-term Power Purchase Agreement with GUVNL as the off-taker, ensuring stable and predictable cash flows for the company. This project represents one of the first solar power installations to be commissioned in the 1.8 GW GSECL Solar Park (South Block) at Khavda, reinforcing KPI Green Energy's strategic focus on scaling its Independent Power Producer portfolio.

Project Parameter: Details
Capacity: 200 MW AC / 240 MW DC
Location: GSECL Solar Park (South Block), Khavda
Off-taker: Gujarat Urja Vikas Nigam Limited (GUVNL)
Agreement Type: Long-term Power Purchase Agreement
Annual Generation: ~47.3 crore kWh

Khavda's Exceptional Solar Potential

The Khavda region offers optimal conditions for solar power generation with over 300 sunny days annually and a solar irradiation rate of 2,060 kWh/m². The area's vast, flat terrain provides ideal conditions for large-scale solar installations while minimizing construction complexities. Strategic connectivity to Gujarat's energy grid and industrial hubs ensures seamless transmission of clean energy to demand centers, supported by the state's forward-thinking renewable energy policies.

Advanced Technology Integration

KPI Green Energy has implemented cutting-edge technologies to enhance operational efficiency and reliability:

  • IoT-powered robotic cleaning system with 550 dedicated robots achieving ~98% cleaning efficiency, capable of dry-cleaning the entire 240 MWp plant in just 3 hours
  • Network Operations Center (NOC) providing real-time monitoring and centralized control with instant alerts
  • SCADA (Supervisory Control And Data Acquisition) System for advanced data collection and synchronization
  • High resolution CCTV cameras for comprehensive plant surveillance

Innovative Engineering Solutions

The project incorporates several specialized engineering innovations tailored to Khavda's unique environmental conditions:

Innovation Area: Implementation Details
Corrosion Protection: Enhanced coating on major equipment for harsh environmental conditions
Cable Infrastructure: Optimized laying with increased protective sand layering
Foundation Design: Adaptive civil structures accounting for unique soil strata
Storage Solutions: Elevated and protected storage for seasonal rain protection
Communication: Dedicated network tower for reliable site-wide connectivity

Environmental and Social Impact

The Khavda solar project delivers substantial environmental and social benefits:

Impact Metric: Annual Contribution
Houses Electrified: ~1.3 lakh with green energy
Green Jobs Created: ~1,000 positions
CO2 Emissions Saved: ~3.4 lakh metric tonnes
Equivalent Trees Planted: ~3.6 lakh trees

Company Background

Established in 1994 by Dr. Faruk G. Patel, KP Group has evolved into a multi-faceted conglomerate with core expertise in renewable energy, infrastructure, and innovation. Over three decades, the group has championed sustainability through transformative projects in wind, solar, hybrid energy, Battery Energy Storage System (BESS), and green hydrogen, contributing significantly to India's green energy mission and earning recognition as a trusted partner for companies committed to reducing their carbon footprint.

Historical Stock Returns for KPI Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-1.40%-7.21%-3.85%-20.06%+26.15%+2,743.39%

KPI Green Energy Targets 25-30% IPP Revenue Share by FY2030, Sun Drops IPO Planned for H1 FY27

1 min read     Updated on 29 Jan 2026, 09:57 AM
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Reviewed by
Suketu GScanX News Team
Overview

KPI Green Energy has set a strategic target for Independent Power Producer revenue to comprise 25-30% of total revenue by FY2030. The company's subsidiary Sun Drops is planning an IPO in the first half of FY27, targeting 50-60% annual growth with an estimated turnover of INR 500-600 crore this year.

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*this image is generated using AI for illustrative purposes only.

KPI Green Energy has announced strategic growth plans centered around expanding its Independent Power Producer (IPP) revenue stream and preparing for a subsidiary IPO. The renewable energy company has set clear targets for revenue diversification and business expansion over the coming years.

IPP Revenue Growth Strategy

The company has established a target for IPP revenue to represent 25-30% of its total revenue by FY2030. This strategic focus on Independent Power Producer operations reflects the company's commitment to building a sustainable revenue model in the renewable energy sector.

Strategic Target Details
IPP Revenue Share 25-30% of total revenue
Target Timeline By FY2030
Business Focus Independent Power Producer operations

Sun Drops IPO Plans

KPI Green Energy's subsidiary Sun Drops is preparing for an Initial Public Offering scheduled for the first half of FY27. The subsidiary has set ambitious growth and revenue targets as part of its public listing preparations.

IPO Parameter Details
Expected Timeline First half of FY27
Annual Growth Target 50-60%
Estimated Current Turnover INR 500-600 crore

Growth Projections

Sun Drops is targeting substantial yearly growth of 50-60%, demonstrating the company's confidence in market expansion and operational scaling. The subsidiary's estimated turnover of INR 500-600 crore for this year provides a foundation for the planned public offering.

These strategic initiatives position KPI Green Energy for diversified revenue streams and enhanced market presence through both organic growth in IPP operations and the planned subsidiary IPO.

Historical Stock Returns for KPI Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-1.40%-7.21%-3.85%-20.06%+26.15%+2,743.39%

More News on KPI Green Energy

1 Year Returns:+26.15%