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Mint
10 hours ago
- Business
- Mint
KPI Green receives an order for a 36.87 MW solar power project order: Check for the execution deadline and other details
Stock Market Today: KPI Green has been awarded a Letter of Award or Intent for the development of a 36.87 MW solar power project. Here are the project execution deadline and other details KPI Green Energy Ltd. announced on the exchanges that it received a large solar power project order. In its intimation to the National Stock Exchange and the BSE, or the Bombay Stock Exchange, KPI Green Energy said that M/s. Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has been awarded Letters of Award or Intent for the development of solar power projects with a cumulative capacity of 36.87 MW under our Captive Power Producer (CPP) business segment. Among these, some projects, as per KPI Green Energy, will be developed in accordance with the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, as outlined in the Gujarat Renewable Energy Policy-2023 and GERC Tariff Order (No. 5 & 6) of 2024. Sun Drops Energia Private Limited, a subsidiary of the company, shall develop the projects as per the terms of the order for various clients under the Captive Power Producer (CPP) business segment of the company, including projects under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy under the Gujarat Renewable Energy Policy-2023 & GERC Tariff Order 2024. KPI Green tentative timeline or execution deadline for the project While the aggregate order size is 36.87 MW, the projects are tentatively scheduled to be completed in the financial year 2025-26 in various tranches as per the terms of the orders. KPI Green Energy in the month of June had announced signing MoUs with Delta Electronics India Private Limited to power India's green energy transition. Delta Electronics India is a key provider of energy and power management solutions. Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters are the three high-impact domains covered by this partnership. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Upturn
14 hours ago
- Business
- Business Upturn
KPI Green Energy's subsidiary secures 36.87 MW solar project orders
By Aman Shukla Published on June 19, 2025, 12:09 IST 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. Ahmedabad Plane Crash 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
