KPI Green Energy, a leading renewable energy company, has recently announced the acquisition of a substantial Rs 272 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID). This financial boost will be utilized to support a significant portion of its upcoming 50 MW hybrid power project in Bharuch, Gujarat. The project, which combines 75.2 MWp solar capacity with 16.95 MW wind capacity, is set to be a major contributor to the state’s renewable energy goals. Additionally, the project has secured a 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited, ensuring a stable revenue stream for the company. The funding from NaBFID is expected to play a crucial role in ensuring the timely completion and successful operation of this ambitious renewable energy project. KPI Green Energy’s commitment to sustainable energy solutions and its strategic partnerships with key financial institutions highlight its dedication to driving the clean energy transition in India.