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March 17,2026

KPI Green Energy Secures ₹979 Crore for 150 MW Wind Project in Gujarat

KPI Green Energy has secured ₹979 crore financing from Canara Bank for a 150 MW wind project in Gujarat. The package includes a ₹931 crore term loan and ₹48 crore guarantee facility. Backed by 25-year PPAs with Gujarat Urja Vikas Nigam Limited, the project will be developed in Bharuch and Bhavnagar, supporting long-term revenue stability and advancing the company’s renewable expansion targets.

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