Business Update6 Jun 2024, 01:14 am
KPI Green Energy Subsidiary Secures 26.15 MW Solar Power Plant Orders in Captive Power Producer Segment
AI Summary
KPI Green Energy Limited announced that its wholly-owned subsidiary, Sun Drops Energia Private Limited, has received new orders for executing solar power projects with a total capacity of 26.15 MW under the Captive Power Producer (CPP) segment. The orders were awarded by multiple domestic entities, and the projects are scheduled to be completed in the financial year 2024-25. The aggregate order size is 26.15 MW, and there are no related party transactions involved.
Key Highlights
- KPI Green Energy subsidiary, Sun Drops Energia Private Limited, received new orders for 26.15 MW solar power projects under CPP segment.
- Orders were awarded by multiple domestic entities, including M/s Hanuman Overseas, M/s Narmada Textile, M/s Swastik Textiles, and others.
- Projects are scheduled to be completed in the financial year 2024-25 in various tranches as per the terms of the order.
- The aggregate order size is 26.15 MW.
- No related party transactions are involved in the awarded orders.