KPI Green Energy has announced the incorporation of a new Special Purpose Vehicle (SPV) to spearhead its upcoming renewable energy projects. The move reflects the company’s strategy to expand its clean energy portfolio and strengthen its position in the fast-growing green power sector.
The SPV will focus on developing solar and hybrid power projects, in line with the company’s commitment to supporting India’s renewable energy transition. By creating a separate entity, KPI Green Energy aims to streamline project execution, attract fresh investments, and ensure better operational efficiency.
The Company officials noted that the step will not only contribute to scaling up renewable capacity but also help meet the growing demand for sustainable and cost-effective power solutions. The initiative aligns with national objectives of increasing renewable energy adoption and reducing dependence on fossil fuels.