KPI Green Energy has received a Letter of Award (LOA) from Maharashtra State Power Generation Co. (MAHAGENCO). This award is for the development of a 100MWAC Solar Power Project, which includes an EPC package with land and three years of Operation and Maintenance (O&M). The project is part of the tender for the development of a cumulative capacity of 600 MWAC Solar-PV Power Projects at various locations in Maharashtra under the RE Bundling Scheme, as per RFX No. 3000042146 issued by MAHAGENCO.Powered by Capital Market - Live News

KPI Green Energy has received an order from Aether Industries for a 100 MW Hybrid Captive Solar Power Project under the Captive Power Producer (CPP) segment of the company. Powered by Capital Market - Live News

The Board of Directors of Sun Drops Energia, a wholly-owned subsidiary of Sun Drops at their meeting held on 07 June 2024, approved the issue of 10,66,098 equity shares of Sun Drops to Dr. Faruk G. Patel (Proposed Allottee) on a private placement basis. The Proposed issue is representing 16.62% of the expanded paid-up share capital of Sun Drops. Further, post completion of the abovementioned private placement, Sun Drops will be ceases to be a wholly-owned subsidiary and continue as a subsidiary representing 83.38% of the expanded paid-up share capital of Sun Drops. Dr. Faruk G. Patel, aged 52, is designated as Chairman & Managing Director of KPI Green Energy. He is the founding promoter of KPI Green Energy. Powered by Capital Market - Live News

The Board of KPI Green Energy at its meeting held on 23 May 2024 has approved sub-division/split of existing equity share of the Company from One equity share having face value of Rs. 10 each, fully paid-up, into 2 (Two) equity shares having face value of Rs. 5 each, fully paid-up.Powered by Capital Market - Live News

The Board of KPI Green Energy at its meeting held on 13 May 2024 has approved raising of funds up to Rs 1,000 crore by way of issuance of equity shares or equity linked securities of the company under QIP route in one or more tranches. Powered by Capital Market - Live News