K.P. Energy incorporates project specific SPV in Gujarat
by Admin |21/04/2018
K.P. Energy announced that incorporation of a Project Specific Special Purpose Vehicle (SPV) in name of HGV DTL Transmission Projects registered with Registrar of Companies, Gujarat with effect from 18 April 2018.
This SPV is wholly owned subsidiary of K.P. Energy.
K.P. Energy is in business of developing Utility Scale Wind Projects providing end to end solutions for Balance of Plant in a Windfarm. The wind farm sites being developed by KP Energy under contractual obligations at Kutch are governed under CTU (Central Transmission Utility) connectivity norms and ISTS (Inter State Transmission System) Bids. While projects, each of about 300MW will have dedicated Pooling Infrastructure & 220kv Transmission Line connected to CTU Substation, the towers carrying such lines are shared between different project owners depending on tower design (double circuit & multi-circuit).