KPI Green Energy has signed a memorandum of understanding (MoU) with the Odisha government to develop renewable energy parks in Ganjam.

"By signing this MoU, we demonstrate our mutual commitment to the growth of the renewable energy sector and our vision for a sustainable, clean energy future", the company stated.

Earlier this month, the firm's subsidiary Sun Drops Energia received letters of intent (LOIs) for solar power projects totaling 32.15 MW under its captive power producer (CPP) segment. Orders were awarded by companies such as Aditya Ultra Steel, Suraj Dyeing & Printing, Balaji Polyester, and others. The projects are set for phased completion in 2025-26.