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NACOF Oorja hands KPI Green Energy a ₹2,025 crore solar plant contract

NACOF Oorja awarded KPI Green Energy a contract worth about ₹2,025 crore to build a 500 MW solar plant in Bikaner district, due within 12 months of site handover.

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Sector
Renewable energy

What happened

  • KPI Green Energy received an order worth about ₹2,025 crore from NACOF Oorja Private Limited.
  • The contract is for a 500 MW AC (550 MWp DC) solar power plant at Village Dantoor, Tehsil Khajuwala, in Bikaner district, Rajasthan.
  • KPI Green will handle the whole job, from design and buying the equipment to installing, testing and commissioning the plant, along with the 33 kV lines that carry its power out. The plant is due within 12 months of KPI Green getting the site.

Why it matters

Good to know: EPC stands for engineering, procurement and construction: the contractor designs the plant, buys the equipment and builds it for the owner. MW AC is the plant's output to the grid; MWp DC is the rated capacity of its solar panels.

Key facts

Client
NACOF Oorja Private Limited
Contract value
About ₹2,025 crore
Capacity
500 MW AC / 550 MWp DC
Completion
12 months from site handover

Read the source

This is a summary of public news about KPI Green Energy, for information only. It is not a recommendation to buy, sell or hold KPIGREEN.

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