KPI Green Energy Limited has formally signed contract agreements with SJVN Limited, a Government of India enterprise, for the execution of a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat. The deal, valued at ₹696.50 crore excluding GST, marks a significant milestone in KPI Green’s ongoing expansion in the utility-scale renewable energy sector.
Under the agreement, KPI Green will be responsible for supplying all required plant and equipment in line with approved specifications and quality protocols. The company will oversee erection, installation, and construction activities, including civil, architectural and structural works at the project site. It will also manage unloading, handling and storage of equipment, along with providing insurance coverage for all components supplied under the contract. The scope further includes testing, commissioning, and performance demonstration, ensuring operational acceptance as per the contractual framework. Additionally, KPI Green will provide comprehensive operations and maintenance services for three years after the project achieves its commercial operation date, including the supply of required spares and consumables.
The overall work will be executed through three separate agreements: a Supply Contract, an EPC Contract and an O&M Contract giving KPI Green full turnkey responsibility during the project’s construction and early operational phase.
The solar installation is part of the massive Khavda Renewable Energy Park, which is poised to become the world’s largest renewable energy development. With this new project, KPI Green expands its presence in the park to more than 845 MWp (DC), strengthening its role as a key EPC partner in one of India’s most strategically important clean-energy hubs.
Commenting on the development, Dr Faruk G Patel, CMD of KPI Green Energy, said the agreement with SJVN reinforces the company’s proven execution capabilities. “We are delighted to execute the contract for the 200 MW project at Khavda. 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. We are fully committed to delivering the project within the stipulated timelines and to the high-quality standards that define our approach,” he said.
