KPI Green Energy Limited has received Notifications of Award (NOAs) from NTPC Renewable Energy Limited for the development of 500 MW grid-connected Solar PV projects at Bikaner, Rajasthan. The total contract value stands at ₹621 crore, excluding GST.
The award has been divided into two project blocks of 300 MW and 200 MW. The scope of work includes supply of plant and equipment, inland transportation, insurance, installation, testing and commissioning, civil and allied works, along with comprehensive operation and maintenance services for three years from Commercial Operation Date (COD) and an additional 10-year AMC.
According to the company, the aggregate contract includes ₹367 crore for the 300 MW block and ₹254 crore for the 200 MW block. The project marks KPI Green Energy’s strategic entry into Rajasthan, one of India’s key renewable energy hubs, further expanding the company’s geographical footprint in the utility-scale solar segment.
The company stated that the award strengthens its position in India’s rapidly growing renewable energy market and aligns with the Government of India’s initiatives to accelerate green energy deployment and sustainable infrastructure development.
