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BSE SENSEX
73,852.94
+114.49
+0.16 %
Corporate Announcement
Security Code
539686
Company
K.P. Energy Ltd
Exchange Received Time
20/04/2018 20:28:37
Exchange Disseminated Time
20/04/2018 20:28:45
Time Taken
00:00:08
Announcement Under Regulation 30 (LODR) Updates - Intimation Of Incorporation Of Project Specific Special Purpose Vehicle (SPV) For Sharing Rights Of 1200MW Transmission Line Infrastructure To Be Constructed Under Bop Contracts For Wind Power Projects At Kutch, Gujarat. |
4/20/2018 8:28:37 PM
K.P. Energy limited has informed BSE that a Project Specific Special Purpose Vehicle (SPV) in name of M/s. HGV DTL Transmission Projects Private Limited (CIN: U40300GJ2018PTC101886) registered with Registrar of Companies, Gujarat with effect from April 18, 2018.
This SPV is wholly owned subsidiary of KP Energy Limited.
KP 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).
Further the update is attached herewith.
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