K.P. Energy collaborates with CLP India to develop 250.8 MW wind project at Sidhpur Site at Dwarka

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Capital Market
Last Updated : Sep 28 2019 | 5:04 PM IST
K.P. Energy has signed a Memorandum of Understanding in June 2019 with CLP India to offer wind sites in the range of 50-300MW. Based on the said Memorandum of Understanding, the company had offered the Sidhpur Site to CLP India for its evaluation.

Pursuant to the same, a Pre-Bid Collaboration and Development Agreement was signed between the company & CLP India for a wind site of approx. 300MW for SECI bid. This is first instance where K.P. Energy has tied up directly with an Independent Power Producer for windfarm development (previously such arrangements were dealt through OEMs).

CLP India has now received the confirmation from Solar Energy Corporation of India of their winning the bid under SECI Tranche - VIII for 250.8 MW at Sidhpur Site at Dwarka offered by KP Energy, which is proposed to be connected with ISTS network Substation at Jam Khambhaliya, Gujarat (Project).

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First Published: Sep 28 2019 | 4:41 PM IST

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