Ahmedabad, India: KP Energy Limited has signed a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 100 MW grid-connected wind power project in Gujarat, further strengthening its position in India’s growing renewable energy sector.
The project was awarded through a competitive bidding process and will supply electricity at a tariff of ₹3.435 per kWh. It is scheduled to achieve its Commercial Operation Date (COD) by 30 July 2028.
This latest agreement marks another significant milestone in KP Energy’s expansion as an Independent Power Producer (IPP). The addition of 100 MW of wind energy capacity will enhance the company’s long-term renewable energy portfolio while supporting Gujarat’s clean energy ambitions.
Gujarat continues to be one of India’s leading renewable energy states, driven by favorable policies and large-scale investments in wind and solar power. The new wind project will contribute to the state’s sustainable energy goals while providing reliable and affordable clean electricity over the next 25 years.
The project also aligns with India’s broader renewable energy targets, helping reduce carbon emissions and accelerate the country’s transition towards a cleaner and more sustainable power sector.
Key Highlights
* 100 MW grid-connected wind power project in Gujarat
* 25-year Power Purchase Agreement with GUVNL
* Tariff fixed at ₹3.435 per kWh
* Commercial Operation Date (COD): 30 July 2028
* Expands KP Energy’s Independent Power Producer (IPP) portfolio
* Supports Gujarat’s renewable energy growth and India’s clean energy transition
