KPI Green Energy Secures ₹489 Crore Order for 110 MW Floating Solar Project in Gujarat – EQ
In Short : KPI Green Energy has won a ₹489 crore order to develop a 110 MW floating solar project in Gujarat. The project highlights India’s growing adoption of innovative renewable solutions and positions floating solar as a key technology for optimizing water bodies for clean energy generation. KPI aims to enhance sustainable power capacity and support regional energy transition goals.
In Detail : KPI Green Energy has secured a major ₹489 crore contract to develop a 110 MW floating solar project in Gujarat, marking a significant expansion of its renewable energy portfolio. The project reinforces the growing prominence of floating solar technology in India.
Floating solar installations allow efficient use of reservoirs and water bodies while minimizing land use conflicts, making them a strategic solution for densely populated or land-constrained regions. KPI Green Energy aims to leverage this technology to maximize clean energy output.
The Gujarat project will incorporate advanced solar panels, anchoring systems, and monitoring technologies to ensure optimal performance and longevity. KPI plans to deploy state-of-the-art engineering solutions to enhance energy yield and project reliability.
The order represents a strategic milestone for KPI Green Energy, reflecting growing investor confidence and the company’s ability to execute large-scale renewable energy projects efficiently. It also demonstrates the company’s commitment to sustainable power solutions.
Floating solar projects contribute to environmental conservation by reducing water evaporation, limiting algae growth, and optimizing water body usage. KPI’s 110 MW project is expected to generate substantial clean energy while delivering ecological benefits.
The Gujarat project aligns with India’s renewable energy targets and regional plans to increase solar capacity. By integrating floating solar technology, the state can diversify its energy mix while promoting innovative, sustainable solutions.
KPI Green Energy will focus on timely execution, operational excellence, and high-quality project delivery. The project’s successful commissioning will set a benchmark for future floating solar initiatives in India.
Analysts highlight that floating solar is emerging as a key growth area in India’s solar sector. KPI’s project is expected to encourage more adoption of similar technologies across states with large reservoirs and water bodies.
