KPI Green Energy secures Rs 272 crore loan for 50 MW hybrid power project in Gujarat, boosting renewable energy.

KPI Green Energy, a leading renewable energy company, has recently obtained a significant Rs 272 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) for its upcoming 50 MW hybrid power project in Bharuch, Gujarat. This project, which includes a solar capacity of 75.2 MWp and a wind capacity of 16.95 MW, is set to function under a long-term 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited. The secured funding from NaBFID will play a crucial role in facilitating the on-time completion of this ambitious renewable energy initiative.

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