KPI GREEN ENERGY LIMITED | ||
(Formerly known as KP.I. Global Infrastructure Limited) | ||
CIN: L40102GJ2008PLC083302 | www.kpgroup.co | |
KPI/MAT/SEP/2022/287 | Date: September 5, 2022 | |
BSE Limited | National Stock Exchange of India Limited | |
Phiroze Jeejeebhoy Towers, | Exchange Plaza, | |
Dalal Street, | Bandra Kurla Complex, | |
Mumbai -400 001 | Bandra (E), Mumbai - 400051 | |
Scrip Code: 542323 | Scrip Code: KPIGREEN | |
Sub.: Development of 16.10 MW Hybrid Power Proiect comprising of 16.lOMW wind and 10MWdc | ||
solar capacity under IPP segment | ||
Ref: Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 | ||
Dear Sir/Madam, | ||
Apropos the captioned subject and pursuant to Regulation 30 of SEBI (Listing Obligation and | ||
Disclosure Requirement) Regulations, 201,?, we are delighted to inform that we are adding hybrid | ||
power project in our own power generating asset portfolio. KPI Green is developing Hybrid Power | ||
Project of 16.lOMW (comprising 16.lOMW wind and lOMWdc solar capacity) at Bhungar site in | ||
Mahuva, at Bhavnagar, Gujarat, under the Gujarat hybrid power policy 2018. | ||
The requisite financial closure to the tune of INR 132 Crores has already been achieved | by the | |
Company from State Bank of India (SBI). | Further, the Company has arranged long term PPAs in | |
advance with various corporate parties for sale of power generated out of the hybrid power project | ||
upon commissioning. The Project is scheduled for commissioning in March 2023. | ||
This is for your information and records. | ||
Thanking you, | ||
Yours faithfully, | ||
For KPI Green Energy Limited | ||
(Formerly known on K.P.I. Global Infrastructure Limited) |
FARUKBHAI GULAMBHAI PATEL
Digitally signed by FARUKBHAI GULAMBHAI PATEL Date: 2022.09.05 10:07:56 +05'30'
Farukbhai Gulambhai Patel
Chairman & Managing Director
DIN: 00414045
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KPI Green Energy Ltd. published this content on 05 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 September 2022 06:19:08 UTC.