
KPI Green Energy Limited’s subsidiary, Sun Drops Energia Private Limited, has received an order for developing solar power projects with a total capacity of 62.20 MW under the Captive Power Producer (CPP) segment. This achievement boosts the overall CPP capacity of KPI Green Energy to 152.34 MW as of the latest updates.
In the exchange filing, the company shared “Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received new order for the development of solar power projects with a cumulative capacity of 62.20 MW under the ‘Captive Power Producer (CPP)’ business segment of the company.”
Key details of the order:
- Awarding Entity: Clients under the Gujarat Renewable Energy Policy-2023 & GERC Tariff Orders No. 5 & 6 of 2024.
- Nature of the Order: Letters of Award under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy.
- Completion Timeline: Projects will be executed in phases and are expected to be completed in the financial year 2025-26.
- Cumulative CPP Order Book: Now stands at an impressive 1.60 GW.
In the meantime, KPI Green Energy shares opened at ₹424.05 today, reaching an intraday high of ₹439.50 and a low of ₹416.35. The stock remains well-positioned between its 52-week high of ₹745.33 and low of ₹303.47.