KPI Green Energy Limited has emerged as the successful bidder in the Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) tender for development of 100MWAC Solar Power Project. This achievement marks a significant milestone in journey towards growth, consolidation and excellence.

The Company had participated under the "EPC package with land to develop cumulative capacity 600 MWAC Solar-PV Power Projects at various locations in Maharashtra under RE Bundling Scheme" issued by MAHAGENCO. This tender was for the development of cumulative capacity of 600 MWAC Solar-PV Power Projects at various locations in Maharashtra under RE Bundling Scheme. The company received the Letter of Intent from MAHAGENCO with Ref.

No. CE/RE- P&P/600MW/RE Bundling/No00407 dated March 15, 2024, awarding the 100 MWAC Solar Power Project. The company announce that this tender win marks a pivotal moment in journey as it expands business beyond the state of Gujarat.

It underscores ambition to play a key role in advancing renewable energy solutions at a broader geographical level. Moreover, It gives the company immense pride to share that this tender win is aligned with strategic vision and ambitious target of achieving 1000 MW by the year 2025.