KPI Green Energy Limited has received Notifications of Award from NTPC Renewable Energy Limited, a subsidiary of NTPC Green Energy Limited, for the Balance of System package for a 500 MW grid-connected solar photovoltaic (PV) project at Bikaner, Rajasthan. The aggregate value of the contract is approximately Rs 621 crore, excluding goods and services tax…
Tata Power executes supplementary PPA for Mundra plant Tata Power has executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for its 4 GW Mundra thermal power plant. Identical agreements are set to be signed with Maharashtra, Rajasthan, Punjab, and Haryana, enabling full capacity revival. The revised structure allows fuel…
KPI Green Energy Limited has energised an additional 35 MWp of solar capacity, raising its operational Independent Power Producer (IPP) capacity to 589 MWp. The company stated that it is progressing toward commissioning another 1,582 MWp, which would increase its total IPP portfolio to 2.17 GWp. In January 2026, KPI Green commissioned its 200 MW…
KPI Green Energy Limited has commissioned an additional 24.2 MW AC (35.01 MW DC) capacity under its 250 MW AC (350 MW DC) grid-connected solar independent power producer project awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). With this commissioning, the total operational capacity under the project has increased to 48.4 MW AC (69.41 MW…
KPI Green Energy Limited has announced that its subsidiary, Sun Drops Energia Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to develop independent power producer (IPP) standalone battery energy storage system (BESS) projects. The agreement covers projects with an aggregate capacity of 445 MW / 890…
KPI Green Energy Limited announced on February 10, 2026 that it has received two new orders, covering an international hybrid solar-storage project in the United Arab Emirates and additional domestic works for the Khavda Hybrid Renewable Power Project in Gujarat. The international order has been secured by the company’s subsidiary, Sun Drops Energia Limited, from…
KPI Green Energy Limited has commissioned 16.16 MWdc of solar power capacity under the government’s PM-KUSUM scheme. The company said this is the highest installed capacity achieved under the scheme within the operational area of Dakshin Gujarat Vij Company Limited (DGVCL). In a regulatory filing dated February 3, 2026, KPI Green Energy informed the stock…
KPI Green Energy Limited has received a Letter of Intent from UAE-based FVE Lifecare General Trading LLC, part of the F Plus Group, for a 600 MW Round-the-Clock (RTC) Green Power Project valued at about Rs 1,050 crore. The agreement follows an earlier MoU with F Plus Healthcare Technologies. The project will supply captive and…
KPI Green Energy Limited has received a contract worth Rs 696.50 crore from SJVN Limited for a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat. The project includes engineering, procurement, construction (EPC), and a long-term operation and maintenance (O&M) agreement. The award is divided into three contracts. The…
KPI Green Energy Limited announced that its subsidiary, Sun Drops Energia Private Limited, has been awarded Letters of Award for a 100 MW solar power project under the Captive Power Producer (CPP) segment. The project will be executed on a turnkey basis under the Domestic Content Requirement (DCR) module category, covering supply, service, and operations…