KPI Global renews PPA with increased capacity of 1.75 MW solar power from Meghmani Organics

The company had earlier signed a Power Purchase Agreement ('PPA') of 1.35 MW capacity.

Jun 03, 2021 09:06 IST India Infoline News Service

KPI Global Infrastructure Ltd has informed to the exchange regarding renewal of its solar power project.

The company had earlier signed a Power Purchase Agreement ('PPA') of 1.35 MW capacity for executing solar power project under 'Independent Power Producer (IPP)' category from Meghmani Organics Limited, Ankleshwar.

On the expiry of the term of the PPA the same has been renewed with the increased capacity of 1.75 MW solar power for a period of 20 years under IPP vertical of the Company.

At around 9:35 AM, KPI Global was trading at Rs49.90 per piece higher by 0.30% on Sensex.

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