KPI GREEN ENERGY LIMITED

(Formerly known as KP.I. Global Infrastructure Limited)

CIN: L40102GJ2008PLC083302

www.kpgroup.co

KPI/MAT/SEP/2022/287

Date: September 5, 2022

BSE Limited

National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers,

Exchange Plaza,

Dalal Street,

Bandra Kurla Complex,

Mumbai -400 001

Bandra (E), Mumbai - 400051

Scrip Code: 542323

Scrip Code: KPIGREEN

Sub.: Development of 16.10 MW Hybrid Power Proiect comprising of 16.lOMW wind and 10MWdc

solar capacity under IPP segment

Ref: Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015

Dear Sir/Madam,

Apropos the captioned subject and pursuant to Regulation 30 of SEBI (Listing Obligation and

Disclosure Requirement) Regulations, 201,?, we are delighted to inform that we are adding hybrid

power project in our own power generating asset portfolio. KPI Green is developing Hybrid Power

Project of 16.lOMW (comprising 16.lOMW wind and lOMWdc solar capacity) at Bhungar site in

Mahuva, at Bhavnagar, Gujarat, under the Gujarat hybrid power policy 2018.

The requisite financial closure to the tune of INR 132 Crores has already been achieved

by the

Company from State Bank of India (SBI).

Further, the Company has arranged long term PPAs in

advance with various corporate parties for sale of power generated out of the hybrid power project

upon commissioning. The Project is scheduled for commissioning in March 2023.

This is for your information and records.

Thanking you,

Yours faithfully,

For KPI Green Energy Limited

(Formerly known on K.P.I. Global Infrastructure Limited)

FARUKBHAI GULAMBHAI PATEL

Digitally signed by FARUKBHAI GULAMBHAI PATEL Date: 2022.09.05 10:07:56 +05'30'

Farukbhai Gulambhai Patel

Chairman & Managing Director

DIN: 00414045

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KPI Green Energy Ltd. published this content on 05 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 September 2022 06:19:08 UTC.