About the Company

The Company was incorporated as KPI Global Infrastructure Limited on February 01, 2008 under the Companies Act, 1956 in the state of Maharashtra vide Certificate of Incorporation issued by the Registrar of Companies, Maharashtra, Mumbai. The Company obtained Certificate of Commencement of Business on August 22, 2008 issued by Registrar of Companies, Maharashtra, Mumbai.

Business area of the Company:

The Company is a solar power generating Company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers. It builds, owns, operates and maintains grid connected solar power projects as IPP and generate revenue by entering into Power Purchase Agreements (PPA) with third parties for selling power units generated through its solar projects. It also develops transfers, operates and maintains grid connected solar power projects for CPP customers and generate revenue by selling these projects to CPP customers for their captive use requirements. Both these businesses, IPP and CPP, are currently carried out from its plant located at Bharuch, Gujarat.

Major Events and Milestones:

  • 2008: Incorporation of company as KPI. Global Infrastructure Limited
  • 2012: MOU signed for land acquisition of about 260 Acres with land owners
  • 2013: MOU with Government of Gujarat in Vibrant Gujarat 2013 for 15MW of Solar Power Plant
  • 2013: Application to Gujarat Energy Development Agency (GEDA) for registration of 15MW ground mounted solar power plant under REC Scheme
  • 2013: Receipt of feasibility study from GETCO for power evacuation
  • 2014: Start of 66KV Transmission Line construction
  • 2015: Signing of MOU with Government of Gujarat in vibrant Gujarat 2015 for next 15MW
  • 2015: Starting of land clearing and Construction at project site including boundary walls, access road and internal roads
  • 2015: Signing of first PPA for 2 MW with Mafatlal Industries Limited, Navsari
  • 2016: Received GEDA Commissioning Certificate of first 1.5 MW of Solar Power Plant and beginning of power injection to grid
  • 2016: Signing of first Medium Term Open Access Approval (MTOA) with GETCO
  • 2017: Signing of MOU with Government of Gujarat in vibrant Gujarat 2017 for next 20 MW
  • 2017: GETCO Approval for next 15 MW (Total 30 MW) evacuation
  • 2017: GETCO Approval for laying of second circuit on 66 KV Transmission line using Panther conductor
  • 2018: Received GEDA Registration Certificate for developing next 25 MW Solar Power Capacity at Sudi
  • 2018: Signed Facility Agreement with PFC to part finance 25MW solar project
  • 2018: Received CEIG Approval for charging of 25MVA, 11/66KV power transformer at its 66KV Substation

Awards, Achievement, Recognition and Certification:

  • 2016: Solar Innovation & Excellence Award - Excellence in Solar Park - Rise 2016
  • 2017: Sthapatya - The Institute of Civil Engineers & Architects
  • 2018: Udyog - Road towards Globalization
Parent OrganizationKPI Green Energy Ltd.Managing DirectorFaruk G Patel
Founded2008NSE SymbolKPIGREEN