KPI Green Energy Secures LoIs for 13.30 MW Solar Projects

KPI Green Energy has been awarded letters of intent (LoIs) for solar power projects totaling 13.30 MW under its captive power producer (CPP) business segment. These projects underscore KPI Green Energy’s commitment to expanding its footprint in the renewable energy sector, contributing to India's push towards sustainable power solutions.

The development of these solar projects will be undertaken by KPI Green Energy’s wholly-owned subsidiary, Sun Drops Energia. Known for its expertise in green energy solutions, Sun Drops Energia will oversee the execution of these projects, ensuring they align with the company’s high standards for efficiency and sustainability.

The solar projects are strategically planned for completion within the financial year 2024-25. The execution will occur in various tranches, allowing for a phased approach that ensures each project is delivered on time while maintaining the quality of construction and operational excellence.

These new LoIs represent a significant step forward for KPI Green Energy in the renewable energy space. The company continues to leverage its capabilities in the solar sector, contributing to the nation’s goal of increasing the share of renewable energy in the overall energy mix.

With this latest achievement, KPI Green Energy reinforces its position as a key player in the green energy sector, driving innovation and sustainability in India's power landscape. The projects not only align with the company's growth strategy but also support broader environmental objectives by reducing reliance on non-renewable energy sources.

News by Rahul Yelligetti