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KPI Green Energy’s arm gets 445 MW/890 MWh Battery Storage Projects

05 Jan 2026 Evaluate

KPI Green Energy’s subsidiary -- Sun Drops Energia has secured a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam (GUVNL) for the development of self-owned IPP Standalone Battery Energy Storage System (BESS) Projects with an aggregate capacity of 445 MW / 890 MWh to be set up at multiple locations in the State of Gujarat. The project represents two important firsts for the Group: its maiden utility-scale IPP BESS project and its first BESS project awarded by a major government body. This development marks the Group’s expansion into the BESS segment, representing its entry into utility-scale Battery Energy Storage Systems and adding a strategic new asset class to its existing renewable energy portfolio of solar, wind and hybrid power projects.

Standalone Battery Energy Storage System (BESS) projects are grid-connected energy storage facilities that operate independently of any specific solar or wind power plant and are used by utilities to store electricity during off-peak periods and supply power during peak demand periods. Standalone BESS projects of this scale are emerging as critical infrastructure for grid reliability, peak power management, and renewable energy integration, and the award underscores the company’s expanding capabilities across emerging clean energy segments. The development further reflects the company’s growing capabilities to participate in large-scale, policy-backed infrastructure projects within the evolving clean energy ecosystem.

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. The company is a part of KP Group.

KPI Green Energy Share Price

416.70 5.70 (1.39%)
13-Apr-2026 16:01 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3953.90
Rail Vikas Nigam 272.00
NCC 151.90
KEC International 563.85
Kalpataru Projects 1175.00
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