Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received Letters of Award for developing solar power projects with a total capacity of 15.90 MWDC. These projects will be executed under the Captive Power Producer (CPP) segment of KPI Green Energy Limited.
The contracts have been awarded by multiple domestic entities, including Mexo Fiber Pvt. Ltd., M S Rayons Pvt. Ltd., Maharaja Industries, Gautam Casting Industries Pvt. Ltd., Gautam Technocast, Shrirajlaxmi Denim, and Kartik Dyeing. As per the terms of the order, Sun Drops Energia Private Limited will be responsible for developing and executing these solar power projects.
These projects are scheduled to be completed in the financial year 2025-26 in various phases, as per the agreements with the awarding entities. The total aggregate capacity of the projects is 15.90 MWDC, contributing to KPI Green Energy Limitedโs expansion in the renewable energy sector.
The awarded contracts are strictly business agreements and do not involve any related party transactions. The promoter group of KPI Green Energy Limited has no financial interest in the awarding entities.
This development aligns with KPI Green Energy Limitedโs ongoing commitment to clean energy solutions and further strengthens its position in the solar power sector. The company continues to expand its footprint in renewable energy, supporting industries in their transition toward sustainable power generation.
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