KPI Green Energizes 171.5 MWp Solar, Hybrid Capacity

Date: November 6, 2026

Operational Update

KPI Green Energy Limited has energized additional capacity at its Independent Power Producer (IPP) projects in Bharuch, Gujarat:

• Solar Power Project: 49.7 MWp additional capacity energized under the 250 MW / 350 MWp Solar Power Project (IPP)
• Hybrid Power Project: 121.8 MWp additional capacity energized under the 370 MW / 677 MWp Hybrid Power Project (IPP)

Cumulative Operational Capacity

With this latest energization, the company's cumulative operational capacity stands at:

• Solar IPP Project: 300.8 MWp out of 350 MWp total capacity (85.9% complete)
• Hybrid IPP Project: 510.7 MWp out of 677 MWp total capacity (75.4% complete)
• Comprising 449.2 MWp of solar capacity and 61.5 MW of wind capacity

Project Details

• Project Type: Independent Power Producer (IPP) portfolio
• Location: Bharuch, Gujarat
• Offtaker: Gujarat Urja Vikas Nigam Limited (GUVNL)
• Contract Structure: Long-term Power Purchase Agreements

Strategic Context

The progressive energization of capacity under long-term PPAs strengthens the company's annuity-based, recurring revenue streams, enhancing earnings visibility and creating sustained long-term value for stakeholders. The company continues to expand its IPP portfolio while simultaneously scaling its EPC business.