KPI Green Energy Bags Repeat 100 MW Solar CPP Order from Avichal Power
By Shishta Dutta | Published at: Jul 5, 2025 03:13 PM IST
Surat, July 5, 2025: KPI Green Energy Ltd (NSE: KPIGREEN, BSE: 542323) has secured a repeat turnkey order for a 100 MW solar power project from Avichal Power Private Limited under the Captive Power Producer (CPP) segment. The project will be executed by its wholly owned subsidiary, Sun Drops Energia Pvt Ltd.
Project Overview
As per the disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 and the Master Circular dated November 11, 2024, the Letter of Award marks the second consecutive solar mandate received from Avichal Power. The project will be developed in tranches in Gujarat and is expected to be completed in the financial year 2026–27.
Project Details
| Client | Project Size | Location | Nature of Contract |
|---|---|---|---|
| Avichal Power Pvt Ltd | 100 MW | Gujarat | Turnkey EPC + O&M |
Scope of Work
| Component | Details |
|---|---|
| EPC Delivery | Full turnkey EPC execution |
| Module Mounting & Balance of Plant | Supply of advanced systems and materials |
| Civil, Structural, Electrical Works | Included |
| Operations & Maintenance | Comprehensive, for full lifecycle support |
SEBI-Compliant Disclosure Summary
| Disclosure Requirement | Details |
|---|---|
| Name of Awarding Entity | Avichal Power Private Limited |
| Contract Type | Letter of Award |
| Domestic/International Award | Domestic |
| Executing Subsidiary | Sun Drops Energia Pvt Ltd |
| Project Size | 100 MW |
| Completion Timeline | FY 2026–27 (phased execution) |
| Related Party Transaction | No |
| Promoter Group Interest | None |
Management Commentary
“This follow-on contract from a valued client underscores our industry leadership and proven execution excellence,” said Moh. Sohil Yusuf Dabhoya, Whole Time Director, KPI Green Energy Ltd.
About the Company
KPI Green Energy Ltd is a listed renewable energy player on both NSE and BSE. The company develops, owns, operates, and maintains solar power projects under the Independent Power Producer (IPP) and Captive Power Producer (CPP) segments. Headquartered in Surat, Gujarat, it is a part of KP Group, established in 1994.
REF: https://nsearchives.nseindia.com/corporate/KPIGLOBAL_04072025131407_4_KPI_CPP_100MW_04072025_signed.pdf
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