KPI Green Energy has successfully executed a Power Purchase Agreement (PPA) with SJVN for a 300 MW Inter-State Transmission System (ISTS)-connected Wind Power Project. The project, secured through a competitive bidding process, will operate under a long-term PPA at a fixed tariff of Rs 3.64 per unit for 25 years, with power supply to commence within 24 months from the effective date of the PPA.
This PPA marks a significant milestone in the Company's wind energy journey.
The long-term fixed tariff provides predictable and stable cash flows, while the project meaningfully strengthens the Company's utility-scale wind portfolio and adds strong momentum to the Group's KP 3.0 roadmap, under which the Company is set to build 10 GW of owned IPP capacity by FY32.
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