KPI Green Energy Share Price in Focus; Energises 35 MWp Capacity, Operational IPP Portfolio Reaches 589 MWp

 KPI Green Energy Limited has expanded its renewable generation capacity after energising an additional 35 MWp of solar power projects, increasing its total operational Independent Power Producer (IPP) capacity to 589 MWp. The latest addition forms part of the company’s broader renewable energy pipeline, which is expected to scale its IPP portfolio to 2.17 GWp as ongoing projects move toward commissioning. 

Solar Capacity Addition and Growth Pipeline 

Following the latest commissioning, the company’s operating IPP capacity has reached 589 MWp, while projects currently under development total 1,582 MWp. Once these projects are completed, the company expects its total IPP portfolio to reach 2.17 GWp, strengthening its presence in the renewable power generation segment. 

The operational portfolio also reflects a long-term revenue model supported by Power Purchase Agreements (PPAs), many of which extend up to 25 years, providing predictable revenue streams for the company. 

Key Renewable Projects Under Execution 

Among the company’s key projects is the 200 MW / 240 MWp Khavda Solar IPP project, which began injecting power in January 2026 from the Khavda Solar Park in Gujarat. The company also achieved early grid synchronisation for its 92.15 MWp hybrid renewable project, comprising 16.95 MW of wind capacity and 75.2 MWp of solar capacity, ahead of its planned commercial operation timeline. 

In addition, KPI Green is executing a larger 620 MW / 917 MWp hybrid renewable energy portfolio. This includes a 250 MW / 275 MWp solar IPP project, where 48.4 MW / 69.41 MWp has already been commissioned, with remaining capacity expected to be completed by October 2026. Another 370 MW / 642 MWp hybrid project is also under development with a similar completion target. 

Entry Into Utility-Scale Energy Storage 

The company has also expanded into energy storage through its subsidiary Sun Drops Energia Limited, which signed an agreement for 445 MW / 890 MWh standalone Battery Energy Storage Systems (BESS). This initiative marks KPI Green’s entry into utility-scale energy storage, enabling better integration of renewable energy generation with grid stability and energy management solutions. 

Read More: ACME Solar Share Price in Focus; Signs PPAs for 450 MW ISTS-Connected Assured Peak Power Project 

KPI Green Energy Share Price Performance  

As of 13 March 2026, at 11:24 AM, KPI Green Energy Limited share price is trading at ₹400.80 per share, reflecting a gain of 1.55% from the previous closing price. Over the past month, the stock has declined by 0.51%. 

Conclusion 

With new solar capacity additions, hybrid renewable projects under execution and a large battery storage initiative, KPI Green Energy continues to expand its renewable energy portfolio while progressing toward its 2.17 GWp IPP capacity target. 

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