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Business
KPI Green Energy to buy 507.9 MW Gujarat wind farms for Rs 2,410 crore
✍️ economictimes.com
🗓 30 Sep 2026, 10:31 PM
👁 11
KPI Green Energy announced the acquisition of operational wind assets totaling 507.9 MW in Gujarat for a transaction value of Rs 2,410 crore.
KPI Green Energy has entered into an agreement to purchase operational wind power assets in the state of Gujarat. The assets, which together generate 507.9 megawatts, are being bought for a total consideration of Rs 2,410 crore.
The transaction adds a significant renewable portfolio to KPI Green Energy's existing holdings, strengthening its position in India's clean‑energy sector. The wind farms are already functional, meaning they will continue to feed electricity into the grid without interruption.
Details of the deal, including the names of the specific wind parks and the timeline for the transfer of ownership, were not disclosed in the announcement. Industry analysts view the acquisition as a strategic move to capitalize on India's ambitious renewable‑energy targets.
The purchase aligns with the government's push for higher renewable capacity and may encourage further investments in wind projects across the country.
The transaction adds a significant renewable portfolio to KPI Green Energy's existing holdings, strengthening its position in India's clean‑energy sector. The wind farms are already functional, meaning they will continue to feed electricity into the grid without interruption.
Details of the deal, including the names of the specific wind parks and the timeline for the transfer of ownership, were not disclosed in the announcement. Industry analysts view the acquisition as a strategic move to capitalize on India's ambitious renewable‑energy targets.
The purchase aligns with the government's push for higher renewable capacity and may encourage further investments in wind projects across the country.