KPI Green Energy subsidiary Sun Drops Energia executed a 120 MW/240 MWh Battery Energy Storage Purchase Agreement with GUVNL.
The project expands group's cumulative standalone BESS portfolio to 565 MW/1,130 MWh under GUVNL's Phase-VIII tender.
Project will be developed at two Gujarat locations: 65MW at Gariyadhar and 55MW at Otha substations.
Agreement is supported by Viability Gap Funding through Power System Development Fund scheme.