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Out of 12.10 MW capacity, 3.10 MW capacity will be undertaken by KPI Green Energy and 9 MW capacity by its wholly owned subsidiary, Sun Drops Energia.
The firm said that the projects are scheduled to be completed in the financial year 2023-24, in various tranches as per the terms of the order.
KPI Green Energy (formerly known as K.P.I. Global Infrastructure) generates and sells solar power under 'Solarism' brand name in India. It develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer.
The company's consolidated net profit surged 49.6% to Rs 33.26 crore on 54.8% jump in net sales to Rs 189.36 crore in Q1 FY24 over Q1 FY23.
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