KPI Green arm secures orders of 26.15 MW solar projects under CPP segment

Sun Drops Energia, a wholly-owned subsidiary of KPI Green Energy Limited has secured orders of 26.15 MW for executing solar power projects under captive power producer (CPP) segment. The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order.

In May 2024, KPI Green Energy Limited’s board approved a proposal to raise up to Rs 10 billion through issuance of shares via qualified institutional placement. In the same month, the company secured 74.3 MW new orders for solar power projects.