September 29 -- KP Energy has secured contracts via the Notification of Award (NoA) for the development of a 464.10 MW Balance of System Package for an Inter-State Transmission System (ISTS) Connected Wind Energy Project in Gujarat. These contracts were competitively awarded by NTPC Renewable Energy (NTPC REL) and fall under the Company's 'Captive Power Producer (CPP)' business segment.
Under these agreements, the company will offer a comprehensive suite of services, including Engineering, Procurement, Construction, and Commissioning (EPCC). These services encompass land acquisition and transfer, the supply of all necessary equipment for the balance of the plant, as well as various services related to unloading, storage, on-site handling, installation, insurance, civil and allied works, integration into the grid, testing, and commissioning. Moreover, KP Energy will be responsible for operating and maintaining the contract scope for a three-year duration.
KP Energy is actively involved in the operation of solar and wind energy projects in India.