Sun Drops Wins Orders for 37 MW Solar Projects

23 Jun 2025 CW Team

Sun Drops Energia, a subsidiary of KPI Green Energy, has secured Letters of Award and Intent for the development of solar power projects with a combined capacity of 36.87 megawatts. These projects are part of the company’s Captive Power Producer (CPP) business segment.

The projects are expected to be implemented in a phased manner and completed by the end of the financial year 2025–26, as per the terms outlined in the orders. A portion of the projects will be executed under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, which is included in the Gujarat Renewable Energy Policy-2023 framework.

The orders have been awarded by various domestic clients operating in collaboration with KPI Green’s CPP segment. The company confirmed that there is no involvement of any foreign entity or related party in this transaction. Additionally, it clarified that the promoter group holds no interest in the entities placing these orders, ruling out any promoter or related party influence.

In terms of financial performance, KPI Green Energy reported a strong quarter with a net profit of Rs 994 million in Q4 FY25, compared to the corresponding quarter of the previous year. The impressive growth in profit was driven by a significant increase in revenue.

Revenue for Q4 FY25 stood at Rs 5.69 billion, marking a 97 per cent rise compared to the same period in FY24. Despite the robust earnings, the company's share price has seen a decline of over 21 per cent in the past year and currently trades at Rs 469.60.

Resources

11 Feb 2026

KBL Expands Kaniyur Facility in Centenary Year

Kirloskar Brothers (KBL), a leading player in fluid management solutions, has inaugurated a new factory building at its Kaniyur Manufacturing Facility in Tamil Nadu. The expansion coincides with a milestone year marking 100 years since the company manufactured and installed India’s first centrifugal pump in 1926. The newly commissioned facility is aimed at enhancing productivity and operational efficiency, enabling the company to address rising domestic as well as international demand while upholding stringent quality benchmarks. Sustainability remains a central focus of the expansion. Ar..

Raimondi to Debut TRT 55US at CONEXPO

"Raimondi Group will present the TRT 55US rough terrain crane at CONEXPO 2026, marking the first product debut under its newly established Raimondi North America operations hub.Developed by Terex Rough Terrain, now part of the Raimondi portfolio, the 55-tonne model has been engineered specifically to meet North American operational, regulatory and environmental requirements.Designed for North American ApplicationsThe TRT 55US features a compact transport-friendly design, an additional jib configuration and a redesigned operator environment aimed at improving efficiency and precision. It offers..

CPCL Ranks No.1 in NHAI DPR Ratings

"Chaitanya Projects Consultancy (CPCL) has secured the top position in National Highways Authority of India’s first-ever provisional DPR consultants rating, scoring 80.75 out of 100 and outperforming 55 peer firms.CPCL ranked ahead of Pentacle Consultants (78), L&T Infrastructure Engineering (76), MSV International Technology (74) and Transys Consulting (72). The ranking, released in the fourth week of January 2026, marks NHAI’s first transparent evaluation framework aimed at enhancing DPR quality under Bharatmala and other national highway programmes.The move aligns with the accountab..