KPI Green Energy bags Rs 2,025 cr order for solar project in Rajasthan

New Delhi, Sep 29 (PTI) KPI Green Energy on Tuesday said it has received a work order worth Rs 2,025 crore from NACOF Oorja for a turnkey 500 MW/550 MWp solar photovoltaic power project.

The engineering, procurement and construction (EPC) order is valued at approximately Rs 2,025 crore (inclusive of all taxes), the company said in an exchange filing.

“KPI Green Energy Ltd has received a work order from NACOF Oorja Private Limited (NOPL), a subsidiary of NACOF, for the turnkey Engineering, Procurement and Construction (EPC) of a 500 MW / 550 MWp solar photovoltaic power project,” the company said.

The project of 500 MW forms part of the 5,000 MW Solar Photovoltaic Power Park being developed by NOPL at Dantoor village in Bikaner district of Rajasthan.

Under the work order, the company will be responsible for the complete design, engineering, procurement, supply, installation, testing and commissioning of the plant.

The scope includes civil works, PV modules, module mounting structures, inverters, inverter transformers, HT switchgear and associated electrical systems, the 33 kV transmission line and evacuation bay, and SCADA and monitoring systems.

The project is scheduled to be completed within 12 Months from the handing over of the project site.

This order comes after the 500 MW/550 MWp solar BOS package awarded to the Company by NTPC Renewable Energy Limited at Bikaner earlier this year and further strengthens the Company’s position in Rajasthan.

As a full turnkey mandate, it also reflects the company’s end-to-end EPC capabilities in utility-scale solar.

The order adds meaningfully to the company’s EPC order book and provides good revenue visibility over the coming year. PTI KKS KKS SHM

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