Core Insights - KPI Green Energy has secured a finance facility of Rs 3,200 crore from the State Bank of India to support two significant renewable energy projects, including a 250 MW solar power project and a 370 MW hybrid power project [1][7] - The projects will be funded with a 75:25 debt-equity ratio and are backed by 25-year long-term power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Ltd [2][7] - Upon commissioning, these projects will contribute to KP Group's target of 10 GW of renewable energy capacity by 2030 and will significantly enhance the company's operational portfolio and recurring revenue streams [6][7] Financial and Operational Details - The sanctioned amount will be utilized for project cost financing, reimbursement of incurred expenditure, and related development expenses [2][7] - The projects are expected to eliminate over 1.5 million tonnes of carbon dioxide emissions annually, which is equivalent to the environmental benefit of planting more than 65 million trees each year [6][7] Strategic Importance - The sanction from the State Bank of India is viewed as a strong validation of KPI Green Energy's capabilities and long-term vision, indicating confidence in the company's growth trajectory [5][7] - The development of over 1 GWp of new capacity is anticipated to strengthen annuity income streams and create long-term value for stakeholders [5][7]