SJVN awards Rs 696 crore solar EPC and O&M package to KPI Green in Gujarat

KPI Green Energy has signed agreements worth Rs 696.50 crore with state-owned SJVN Ltd to develop a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat.

The company said the order strengthens its portfolio of utility-scale renewable projects. The contracts include the supply of all plant and equipment, EPC works, and a three-year operation and maintenance (O&M) period after the commercial date of operation.

Under the agreement, KPI Green will handle supply, unloading, handling, storage, insurance, installation, and construction activities, including all civil, architectural, and structural work.

It will also be responsible for testing, commissioning, performance demonstration, and operational acceptance as per contractual requirements.

The project is being executed through three separate agreements — the Supply Contract, EPC Contract, and O&M Contract — giving KPI Green turnkey responsibility during construction and early operations.

Faruk G Patel, Chairman and Managing Director, said in the statement: “Securing and now formally entering into this agreement with a leading Government of India enterprise underscores KPI Green’s credibility and proven ability to deliver large-scale renewable energy projects.”

SJVN Ltd, a joint venture between the Government of India and the Government of Himachal Pradesh, has expanded from hydropower into solar, wind, and other renewable sources. KPI Green’s parent KP Group, founded by Patel in 1994, has operations across renewable energy, infrastructure, and related sectors.

(With inputs from agencies)