KPI Green Energy has recently announced the acquisition of a Rs 272 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) to support its upcoming 50 MW hybrid power project in Bharuch, Gujarat. This project, which consists of 75.2 MWp solar and 16.95 MW wind capacity, is set to be operated under a 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited. The financial assistance provided by NaBFID will play a crucial role in guaranteeing the timely completion of this renewable energy initiative.
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KPI Green Energy secures Rs 272 crore loan from NaBFID for 50 MW hybrid power project in Gujarat.
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