KPI Green Secures New Solar Power Projects Totaling 12.10 MW Under Captive Power Producer Segment

KPI Green Energy has announced its recent success in securing new orders for solar power projects. The total capacity of these new orders stands at 12.10 MW, with 3.10 MW allocated to KPI Green Energy Limited and the remaining 9 MW assigned to M/s. Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green, operating under the ‘Captive Power Producer (CPP)’ segment.

Several entities have awarded these orders, each contributing to the expansion of sustainable solar energy:

M/s. Ashoka Dyeing & Printing Mills Pvt. Ltd. – 1.90 MW

M/s. Vibrant Processors Pvt. Ltd. – 1.20 MW

M/s. Dhanpriya Prints Pvt. Ltd. – 3 MW

M/s. Sumicot Limited – 3 MW

M/s. Varsha Dyeing & Printing Mills Pvt. Ltd. – 3 MW

KPI Green Energy Limited will oversee the development of these projects in accordance with the terms specified in the orders. The projected timeline for project completion is set for the financial year 2023-24, with progress occurring in various tranches as per the contractual agreements.

The cumulative order size of 12.10 MW represents a significant step towards furthering sustainable energy solutions and contributes to the company’s commitment to renewable energy initiatives.