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KPI Green Energy’s arm gets LoA for development of solar power projects

25 Mar 2025 Evaluate

KPI Green Energy’s subsidiary -- Sun Drops Energia has been awarded Letters of Award (LoA) for the development of solar power projects with a cumulative capacity of 13.80 MW under its Captive Power Producer (CPP) business segment. 

These projects will be developed in accordance with the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, as outlined in the Gujarat Renewable Energy Policy-2023 and GERC Tariff Order No. 5 & 6 of 2024. The projects are tentatively scheduled to be completed in the financial year 2025-26, in various tranches as per the terms of the orders.

KPI Green Energy (formerly known as K.P.I. Global Infrastructure) is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers.


Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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