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September 30,2026

KPI Green Acquires 507.9 MW Gujarat Wind Assets of Alfanar and Netra Wind for ₹2,410 Crore

KPI Green Energy has signed a binding offer to acquire 100% equity of Alfanar Energy Private Limited (301.4 MW) and Netra Wind Private Limited (206.5 MW) for ₹2,410 crore enterprise value. The combined 507.9 MW operational wind assets are located in Gujarat's Kutch wind corridor at Bhuj, backed by 25-year SECI PPAs with ∼21 years remaining.

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