KPI Green Secures New Orders for 74.30 MW Solar Power Projects

KPI Green has announced the receipt of new orders totaling 74.30 MW for the execution of solar power projects. 

"We are glad to inform that KPI Green has received new orders aggregating to 74.30 MW for executing solar power projects," the company said in a stock exchange filing. 

Within this allocation, KPI Green Energy Limited, a subsidiary of the company, has committed to undertaking 27 MW capacity. This includes 20 MW capacity dedicated to the development of a solar power project integrated into a wind-solar hybrid power project.

Furthermore, two wholly-owned subsidiaries of KPI Green, M/s. KPark Sunbeat Private Limited and M/s. Sun Drops Energia Private Limited, have undertaken capacities of 30 MW and 17.3 MW, respectively. These projects fall under the 'Captive Power Producer (CPP)' segment of the company.

The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order.