KPI Green Energy Limited has signed two power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a total of 620 MW renewable energy projects.
The first PPA is for a 250 MW alternate current (AC) (275 MW direct current (DC)) grid-connected solar power project, while the second is for a 370 MW AC (642 MW DC) grid-connected hybrid renewable energy project. These projects were secured through a competitive bidding process.