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KPI Green Energy Acquires Two Gujarat Wind Assets for Rs 2,410 Crore
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News18•30-09-2026, 15:00
KPI Green Energy Acquires Two Gujarat Wind Assets for Rs 2,410 Crore
- •KPI Green Energy has signed an agreement to acquire wind energy assets totaling 507.9 MW.
- •The acquisition involves two entities, Alfanar Energy Private Limited (AEPL) and Netra Wind Private Limited (NWPL), at an enterprise value of approximately Rs 2,410 crore.
- •The operational wind projects are located in Bhuj, Gujarat.
- •AEPL holds 301.4 MW and NWPL holds 206.5 MW of the total capacity.
- •Both portfolios sell power to Solar Energy Corporation of India (SECI) under 25-year power purchase agreements.
Key Questions Answered
KPI Green Energy has signed a binding agreement to acquire 100 percent of the equity of two wind energy companies at an enterprise value of approximately Rs 2,410 crore.
The operational wind projects located in Bhuj, Gujarat, are owned by Alfanar Energy Private Limited (AEPL) and Netra Wind Private Limited (NWPL).
Both portfolios sell their generated power to the Solar Energy Corporation of India (SECI) under 25-year power purchase agreements.
