KPI Green Energy Arm Secures 14.90 MW Solar Project

KPI Green Energy’s subsidiary, Sun Drops Energia, has secured letters of award for 14.90 MW solar projects under its Captive Power Producer segment. The projects are scheduled to be completed in FY 2025-26.

March 25, 2025. By Mrinmoy Dey

Gujarat-based solar and hybrid power generating company KPI Green Energy has announced that its subsidiary Sun Drops Energia has received letters of award (LoA) for the development of solar power projects with a total capacity of 14.90 MW under the company’s Captive Power Producer (CPP) business segment.

Sun Drops Energia will develop the projects as per the terms of the order, the company stated in a regulatory filing.

It further added that the projects are tentatively scheduled to be completed in the financial year 2025-26, in various tranches.

At present, the company has 2,591 MW of cumulative power evacuation capacity and about 3.40 GW of solar and hybrid portfolio.

In February 2025, KP Group, the parent company of KPI Green Energy, signed an MoU with the Madhya Pradesh government to develop 1.8 GW of renewable energy projects, including solar, wind, hybrid, BESS, and biomass.

In January 2025, KPI Green Energy signed a contract worth INR 1,311.40 crore with Coal India to develop a 300 MWAC grid-connected ground-mounted solar PV plant at GIPCL’s Solar Park in Khavda, Gujarat.

Earlier that month, the company announced that it is targeting an early completion of its 200 MW (240 MW DC) CTU-connected Independent Power Producer (IPP) solar project in Khavda, Gujarat. With the completion of the Khavda project, KPI’s operational IPP portfolio will reach from 171 MWp to 411 MWp.

In January 2025, the company also signed a memorandum of understanding (MoU) with the Government of Odisha for the establishment of Renewable Energy Parks in the district of Ganjam, Odisha.

Incorporated in 2008, KPI Green Energy develops, builds, owns, operates and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name ‘Solarism'.

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Solar PV

KPI Green Energy

Sun Drops Energia

Sun Drops Energia solar projects

KPI Green Energy RE portfolio

Captive Power Producers