Surat-based renewable energy solutions provider, KPI Green Energy, has received orders from Adani Green Energy and Adani Green Energy Six to supply goods and provide on-site services under the Balance of System (BoS) package for 534 MW solar power projects at Khavda, Kutch, Gujarat.

The scope includes end-to-end BoS supply activities (manufacturing, procurement, transportation, testing, spares, and consumables), as well as onsite services such as installation, civil, mechanical, and electrical works, testing, commissioning, and performance guarantee testing.

Last year, KPI Green Energy had signed contracts with SJVN for the EPC of a 200 MW solar project at the Gujarat Industries Power Company Renewable Energy Park in Khavda, Gujarat. The project will be executed through three separate contracts for supply, EPC, and operation and maintenance for an aggregate cost of ₹6.96 billion (~$76.61 million).

For the current 534 MW project, the orders are domestic, non-related-party transactions, and will be executed in phases in accordance with contractual timelines. The projects are scheduled to be executed in phases, in accordance with the timelines stipulated in the respective contracts.

Last month, the board of directors of KPI Green Energy approved a proposal to raise ₹4.75 billion (~$52.29 million) by issuing 10.1 million fully convertible equity warrants to the promoter group entity Quyosh Energia. Quyosh Energia holds 500 shares of KPI Green Energy, and after the full conversion of warrants, its shareholding in KPI Green would rise to 4.87%.

Earlier, KPI Green Energy had received a work order from Gujarat State Electricity Corporation for the EPC of a 110 MW floating solar project at the Kadana Dam reservoir in Mahisagar, Gujarat. The project also involves providing grid connection infrastructure, including a 33 kV underground transmission line to the pooling station and 33/220 kV bays at the Kadana substation. KPI Green Energy will also oversee the project’s comprehensive operation and maintenance for 10 years.