KPI Green's subsidiary bags LoIs for solar power projects

KPI Green Energy has announced that its wholly owned subsidiary, Sun Drops Energia, has received letters of intent to execute solar projects with a total capacity of 7 MW under the company’s Captive Power Producer (CPP) business segment. The letters of intent were awarded by domestic entities Wolkem India and Mahadev Texo Fab.

The projects are expected to be completed in phases in the 2024-25 financial year, according to the terms of the contract. KPI Green Energy specializes in developing and maintaining grid-connected solar energy projects and sells the energy generated by its solar power plants.

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