KPI Green Energy Secures Major Solar Projects

KPI Green Energy's subsidiary, Sun Drops Energia Private Ltd, has obtained letters of intent to develop solar projects totaling 28.40 megawatts. The projects fall under the company's Captive Power Producer business segment and are slated for completion in the 2024-25 financial year.

KPI Green Energy announced on Friday that its subsidiary, Sun Drops Energia Private Ltd, has secured numerous letters of intent (LoI) for solar projects amounting to 28.40 megawatts (MW).

The projects, which are part of the Captive Power Producer (CPP) segment of the company, are expected to be completed in various stages by the financial year 2024-25, the company disclosed in an exchange filing.

This development highlights KPI Green Energy's continuing expansion in the renewable energy sector.

(With inputs from agencies.)