KPI Green begins power supply from 92.15 MWp IPP Hybrid Power Project [Power]
AI Summary1 min read
TL;DR
KPI Green has started supplying power from its 92.15 MWp hybrid project, operating as an IPP under 'Solarism' and as a CPP service provider, with both businesses based in Bharuch, Gujarat.
Tags
Power Generation/DistributionPower
The Company is a solar power generating Company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism' and as service provider to Captive Power Producer (CPP) customers. It builds, owns, operates and maintains grid connected solar power projects as IPP and generate revenue by entering into Power Purchase Agreements (PPA) with third parties for selling power units generated through its solar projects. It also develops transfers, operates and maintains grid connected solar power projects for CPP customers and generate revenue by selling these projects to CPP customers for their captive use requirements. Both these businesses, IPP and CPP, are currently carried out from its plant located at Bharuch, Gujarat.