KPI Green Energy’s solar subsidiary, Sun Drops Energia, has secured a repeat solar project order of 100 mW from Avichal Power Private Limited in Gujarat.
This is the second time back-to-back orders from the same client, which shows a strong partnership between both companies.
The project will be executed under the Captive Power Producer (CPP) model. In this KPI Green will be delivering an end-to-end solution covering the entire project lifecycle. The project is planned to be completed in stages during the financial year 2026–27.
KPI Green will take care of the entire EPC (Engineering, Procurement, and Construction) work. This means they will supply and install the solar panel mounting systems, build the necessary structures, handle all electrical and control systems, and manage all other equipment needed to make the plant run smoothly.
Sun Drops Energia will also supervise the operations and maintenance (O&M) services for the solar plant to ensure long-term efficiency and performance.
This new order will improve KPI Green’s CPP/EPC project pipeline, which now stands at approximately 1.76 gigawatts, alongside its 1.5-gigawatt IPP (Independent Power Producer) pipeline.
They also expect to get enough new orders by the second quarter of FY26 to meet their delivery goals for FY27. They will start planning projects for FY28.
After this announcement, KPI Green’s stock saw a slight increase as investors reacted positively. The company also shared strong financial results for the fourth quarter of FY25.
Its net profit also increased by more than double to ₹104.18 crore compared to the previous year. Its revenue rose by nearly 97% to ₹577.8 crore.
This repeat order shows KPI Green has a strong presence in solar projects and is becoming important in India’s renewable energy industry.
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