KPI Green Energy, a leading renewable energy company, has successfully obtained a loan of Rs 272 crore from the National Bank for Financing Infrastructure and Development (NaBFID) to support its upcoming 50 MW hybrid power project in Bharuch, Gujarat. This project is a significant step towards sustainable energy production in India, with a combination of 75.2 MWp solar and 16.95 MW wind capacity. The power generated will be supplied under a long-term 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited, ensuring stability and reliability. The financial assistance from NaBFID will play a crucial role in facilitating the timely completion of the project, contributing to the country’s clean energy goals. This development underscores KPI Green Energy’s commitment to promoting renewable sources and reducing carbon emissions.