KPI Green Energy to develop 1610 MW hybrid power project in Gujarat

8 Sep 2022 , 01:34 AM

KPI Green Energy is adding hybrid power project in the companys own power generating asset portfolio The company is developing a hybrid power project of 1610 MW comprising of 1610 MW wind and 10 MWdc solar capacity at Bhungar site in Mahuva at Bhavnagar Gujarat under the Gujarat hybrid power policy 2018 The project has achieved financial closure of Rs 132 crore from State Bank of India The company has also arranged long term power purchase agreements for sale of power out of the hybrid power project upon commissioning The project is scheduled to commission in March 2023