KPI Green Energy Limited has received notifications of award (NoA) from NTPC Renewable Energy Limited. The awards are for the balance of system (BoS) package related to the development of 500 MW grid-connected solar photovoltaic projects at Bikaner, Rajasthan. The award is split into two blocks of 300 MW and 200 MW.
The total contract value stands at Rs 6.21 billion, including Rs 3.67 billion for the 300 MW block and Rs 2.54 billion for the 200 MW block. The scope of work includes the supply of plant and equipment, inland transportation, insurance, installation, testing and commissioning, and civil and allied works. It also covers comprehensive operation and maintenance services for three years from the commercial operation date, along with a 10-year annual maintenance contract.
Earlier, in March 2026, KPI Green Energy Limited secured Rs 9.79 billion in sanction from Canara Bank for its 150 MW wind power project in Gujarat, and the sanction included Rs 9.31 billion as a fresh rupee term loan and Rs 0.48 billion as a bank guarantee.
