KPI Green Energy's Subsidiary Secures 15.90 MW Solar Power Projects

SURAT, India - Feb. 17, 2025 - PRLog -- KPI Green Energy Ltd. has announced that its subsidiary, Sun Drops Energia Pvt. Ltd., has been awarded Letters of Award (LoAs) for the development of solar power projects with a total capacity of 15.90 MW (DC).

As per the firm, these projects will be developed under the company's Captive Power Producer (CPP) business segment. The firm will  be reposnsible for the development of solar power plants for a range of domestic clients, including  Mexo Fiber Pvt. Ltd., M S Rayons Pvt. Ltd., Maharaja Industries, Gautam Casting Industries Pvt. Ltd., Gautam Technocast, Shrirajlaxmi Denim, and Kartik Dyeing.

The project development is in line with the company's strategic expansion into the renewable energy space, particularly in the CPP sector, which is aimed at catering to businesses that seek to generate power for their own consumption.

According to the firm, the projects are scheduled to be completed in the financial year 2025-26, with a phased execution based on the terms outlined in the awarded LoAs. This marks another significant step in KPI Green Energy's growth trajectory, following its successful endeavors in renewable energy solutions.

The 15.90 MW capacity is a part of KPI Green Energy's broader push to expand its footprint in the renewable energy sector, focusing on sustainable and green power generation.

The development of these solar projects is expected to strengthen KPI Green Energy's position in the growing Indian solar market, as the country continues to make strides toward its renewable energy goals. The domestic nature of the awarded orders emphasises the increasing demand for sustainable energy solutions among Indian industries.

For more information, You can also visit official https://www.kpigreenenergy.com/.