K.P. Energy - Evergreen consortium bags 30 MW wind power project

Capital Market 

Under GUVNL 50 MW tender

K.P. Energy announced that the Company participated as a lead bidder along with consortium partner a (IPP) Evergreen Power Mauritius, in competitive bidding process held on 21 December 2017 under 500 MW GUVNL wind tender. The consortium has won 30 MW wind power project to be set up in state of at the discovered tariff rate of Rs 2.43 / kWh, lowest rate so far. The present readiness of K P Energy Mahuva - II site will enable project completion much ahead of bid deadline of 18 months.

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First Published: Fri, December 22 2017. 14:39 IST