KPI Green commissions 40.9 MW hybrid power projects

31 Oct 2025 CW Team

KPI Green Energy has announced that it has received commissioning approval for 40.96 MW of solar and wind-solar hybrid power projects developed for its clients and those of its subsidiary, Sun Drops Energia Private Limited.

In a regulatory filing, the company stated, “We are pleased to announce that we have received charging and energisation approval for 40.96 MW of solar and wind-solar hybrid power projects under our captive power producer (CPP) business segment.”

In a separate filing, KPI Green Energy revealed that it has signed a Memorandum of Understanding (MoU) with Fabtech Group to jointly develop and implement green energy-powered life sciences projects across the globe.

As part of this partnership, all projects executed by Fabtech Group—including conventional and stick-built facilities—will be powered by clean, renewable energy supplied by the KP Group worldwide.

Under the collaboration, KP Group will provide and integrate a mix of solar, wind, hybrid, battery energy storage system (BESS), and green hydrogen-based power solutions for Fabtech’s projects in the pharmaceutical, biotechnology, and healthcare sectors.

The partnership underscores KPI Green’s commitment to expanding its global footprint in the renewable energy and green infrastructure space, while supporting industries in reducing their carbon footprint and advancing towards sustainable energy adoption.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..