KPI Green Energy Secures Landmark 142 MW Floating Solar EPC Contract from GSECL
KPI Green Energy Limited has received a Work Order from Gujarat State Electricity Corporation Limited (GSECL) for the engineering, procurement and construction (EPC) of a 142 MW (DC) / 110 MW (AC) floating solar photovoltaic (FSPV) project at the reservoir of the Kadana Dam in Mahisagar district, Gujarat.
New Delhi: KPI Green Energy Limited has received a Work Order from Gujarat State Electricity Corporation Limited (GSECL) for the engineering, procurement and construction (EPC) of a 142 MW (DC) / 110 MW (AC) floating solar photovoltaic (FSPV) project at the reservoir of the Kadana Dam in Mahisagar district, Gujarat.
This marks a landmark contract for KPI Green Energy and underscores the Company’s growing leadership in large-scale renewable energy infrastructure. The floating solar project represents a strategic diversification for the company — combining solar power generation with innovative floating PV technology —and positions KPI Green Energy as a premier EPC solutions provider across ground-mounted, rooftop, and now floating solar segments.
Project Scope & Significance:
• The project involves full turnkey scope — design, engineering, procurement, construction, and installation of the floating PV system, along with grid-connection infrastructure, including a 33 kV underground transmission line to the pooling station, and 33/220 kV bays at the Kadana substation.
• A comprehensive 10-year operation & maintenance (O&M) contract is included.
• The project is slated for completion within the period of 18 months.
The aggregate order size is 142 MW (DC) / 110 MW (AC) and aggregate value is Rs 489.17 Crore. The time period by which the order will be executed is 18 months.