KPI Green Energy's subsidiary secures 36.87 MW solar project orders
KPI Green Energy Limited has announced that its subsidiary, M/s Sun Drops Energia Private Limited, has secured Letters of Award/Intent for the development of solar power projects totaling 36.87 MW capacity. These projects fall under the Captive Power Producer (CPP) segment, showcasing the company's continued focus on sustainable energy generation.
Some of the awarded projects will be implemented under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, part of the Gujarat Renewable Energy Policy-2023 and governed by the GERC Tariff Order Nos. 5 and 6 of 2024. This highlights KPI Green Energy's strategic alignment with state-level renewable energy initiatives.
The contracts have been awarded by various domestic clients, with execution planned across the financial year 2025-26 in multiple tranches. Sun Drops Energia will carry out project development in line with the terms outlined in the respective orders.
This achievement underlines KPI Green Energy's growing presence in the captive solar power space and reflects the trust of its clients in its execution capabilities. Importantly, there are no related-party transactions involved in these deals, ensuring full compliance and transparency.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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