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<p><a href="http://www.kpenergy.in/" target="_blank" rel="noopener">KP Energy</a> and GE India Industrial (P) Limited have signed a definitive agreement for the development of a 300 MW wind power project, consisting of 120 wind turbine generators of 2.5 MW each. The project will be developed in Kutch region, located in the state of Gujarat.</p>
<p>The wind power project will be connected with the interstate transmission system (ISTS) network in Kutch.</p>
<p>According to a Bombay Stock Exchange (<a href="https://www.bseindia.com" target="_blank" rel="noopener">BSE</a>) filing by KP Energy, “This is in furtherance to the term sheet agreement signed up between the parties.”</p>
<p>KP Energy has undertaken development activities for the project including resource mobilization, lands and permits acquisition, statutory approvals, and route surveys. So far, KP Energy has so far received milestone payments of ₹284.5 million (~$4.16 million) towards the above progress.</p>
<p>The project Is planned to achieve full commissioning by September 2019.</p>
<p>In May 2018, KP Energy announced it will add over 1,231 MW within the next two years to the existing 205.8 MW of wind capacity.</p>
<p>Wind projects have had some challenges lately in Gujarat.</p>
<p><a href="https://mercomindia.com/gujarat-high-court-notice-wind-projects/">Recently</a>, Mercom reported that a division bench of the Gujarat High Court has issued a notice to the state and central governments on a public interest litigation (PIL) challenging the allotment of ‘gauchar’ land (village pastures) in Kutch district to private companies to set up windmills.</p>
<p>Meanwhile, Gujarat Urja Vikas Nigam Limited (<a href="http://www.gseb.com/guvnl/index.aspx" target="_blank" rel="noopener">GUVNL</a>) recently <a href="https://mercomindia.com/gujarat-annuls-500-mw-wind-tender-greenshoe/" target="_blank" rel="noopener">cancelled</a> the tender for 500 MW of wind projects. The capacity was tendered by GUVNL under Phase II of its program for procurement of wind power through competitive bidding. In this tender, GUVNL had provided the project developers with an option to produce an extra 500 MW of wind power at the Lowest Quoted Tariff (L1) under the <a href="https://mercomindia.com/gujarat-500mw-wind-tender/" target="_blank" rel="noopener">Greenshoe option</a>.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/saumy/" class="vcard author" rel="author"><span class="fn">Saumy Prateek</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/12/saumy-edited-1.png" width="50" /></p>
<p><strong style="text-decoration: underline">Saumy Prateek</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/saumy/" target="_blank" rel="noopener">More articles from Saumy Prateek</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/12/saumy-edited-1.png" width="79" height="102" /><a href="https://mercomindia.com/author/saumy/" rel="noopener"><strong>Saumy Prateek, </strong> </a>is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism &amp; Mass Communication from the Manipal Institute of Communication at Manipal University.<a href="https://mercomindia.com/author/saumy/">More articles from Saumy Prateek.</a></div>
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KP Energy and GE India Sign Agreement for a 300 MW Wind Project in Gujarat

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