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Polycab Signs Agreement with KPI Global to Buy Solar Power

KPI Global Infrastructure Ltd., a Surat-based solar power producer, informed in an exchange filling about the signing of a long term Power Purchase Agreement (PPA) with Polycab India Limited.

The agreement is for sale of 5.70 MW solar power to Polycab India for their different units for a period of 20 years. This would be carried out under KPI Global’s Independent Power Producer (IPP) business vertical in which customers invest in making a solar power plant and get assured long-term returns.