On October 9, 2025, KPI Green Energy Limited announced that its subsidiary, Sun Drops Energia Private Limited, received Letters of Award for developing a 100 MW solar power project under the Captive Power Producer (CPP) business segment. The project will be executed under the Domestic Content Requirement (DCR) module category on a turnkey basis.
Sun Drops Energia, a wholly owned subsidiary of KPI Green Energy, has secured new project orders from multiple industrial investors under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy. The company will handle the entire scope of work, including supply, service, operations and maintenance (O&M) for the operational life of the project.
The new 100 MW project marks a significant addition to KPI Green Energy’s growing renewable energy portfolio, reinforcing its position as one of India’s leading solar power developers in the CPP segment.
The 100 MW solar project is planned to be completed in various tranches during the financial year 2026-27, in accordance with the terms of the order. The development will follow all DCR guidelines, ensuring the use of domestically manufactured solar modules and promoting India’s renewable manufacturing ecosystem.
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The project strengthens KPI Green Energy’s strategic focus on captive solar solutions for industrial consumers seeking sustainable power sources. These turnkey projects under the CPP segment not only align with India’s clean energy goals but also enhance cost efficiency for high-energy users through direct solar power adoption.
Notably, the order does not fall under any related party transactions, and there is no promoter group interest involved, ensuring complete transparency and compliance with SEBI regulations.
On October 9, 2025, KPI Green Energy share price opened at ₹425.00 on NSE, below the previous close of ₹425.05. During the day, it surged to ₹425.55 and dipped to ₹419.00. The stock is trading at ₹421.45 as of 2:19 PM. The stock registered a moderate decline of 0.85%.
Over the past week, it has declined by 6.88%, over the past month, it has declined by 12.27%, and over the past 3 months, it has declined by 18.47%.
KPI Green Energy’s latest 100 MW solar power project win underlines its strong execution capabilities and consistent growth in the renewable energy sector. Through its subsidiary Sun Drops Energia, the company continues to advance India’s transition to clean energy while strengthening its foothold in the captive solar power market.
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Published on: Oct 9, 2025, 3:44 PM IST
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