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KPI Green Energy receives LoIs for 13.30 MW green energy projects – EQ

KPI Green Energy receives LoIs for 13.30 MW green energy projects – EQ

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In Short : KPI Green Energy has received Letters of Intent (LoIs) for the development of 13.30 MW of green energy projects. These projects contribute to the company’s ongoing efforts to expand its renewable energy portfolio, focusing on solar power generation. The new capacity will help bolster sustainable energy infrastructure and support India’s transition towards cleaner energy sources.

In Detail : The company said its wholly-owned subsidiary Sun Drops Energia will develop the projects

The projects are scheduled to be completed in the financial year 2024-25.

KPI Green Energy on Monday said it has received letters of intent for 13.30 MW of green energy projects.

The company said its wholly-owned subsidiary Sun Drops Energia will develop the projects, according to a regulatory filing.

“KPI Green Energy has received Letters of Intent for executing solar power projects with a cumulative capacity of 13.30 MW under the Captive Power Producer (CPP) business segment of the company,” it said.

The projects are scheduled to be completed in the financial year 2024-25, in various tranches, it said.

Anand Gupta Editor - EQ Int'l Media Network