KPI Green's Arm Signs Pact to Develop Battery Energy Storage System in Gujarat, India; Shares Up 4%

MT Newswires Live

May 19

Sun Drops Energia, a subsidiary of KPI Green Energy (NSE:KPIGREEN, BOM:542323) has entered into a battery energy storage purchase agreement (BESPA) with Gujarat Urja Vikas Nigam to develop a standalone battery energy storage system (BESS) project, according to a Tuesday filing to the Indian stock exchanges.

The project will have an aggregate capacity of 120 MW/240 MWh across Gujarat.

Under the pact, Sun Drops Energia will develop, own, and operate the standalone BESS Project at locations around the 220kV Gariyadhar AIS substation (65 MW / 130 MWh) and 220kV Otha AIS substation (55 MW / 110 MWh) in Gujarat, India.

It will make the contracted battery energy storage capacity available to GUVNL on a long-term basis.

The company's shares were up over 4% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2636884944"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2636884944\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2636884944?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-19 12:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636884944","market":"nz","top_or_hot":-1,"title":"KPI Green's Arm Signs Pact to Develop Battery Energy Storage System in Gujarat, India; Shares Up 4%","media":"MT Newswires Live","content":"<html><body><p> Sun Drops Energia, a subsidiary of KPI Green Energy (NSE:KPIGREEN, BOM:542323) has entered into a battery energy storage purchase agreement (BESPA) with Gujarat Urja Vikas Nigam to develop a standalone battery energy storage system (BESS) project, according to a Tuesday filing to the Indian stock exchanges.</p><p>The project will have an aggregate capacity of 120 MW/240 MWh across Gujarat.</p><p>Under the pact, Sun Drops Energia will develop, own, and operate the standalone BESS Project at locations around the 220kV Gariyadhar AIS substation (65 MW / 130 MWh) and 220kV Otha AIS substation (55 MW / 110 MWh) in Gujarat, India.</p><p>It will make the contracted battery energy storage capacity available to GUVNL on a long-term basis.</p><p>The company's shares were up over 4% in recent trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KPI Green's Arm Signs Pact to Develop Battery Energy Storage System in Gujarat, India; Shares Up 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKPI Green's Arm Signs Pact to Develop Battery Energy Storage System in Gujarat, India; Shares Up 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-05-19 12:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Sun Drops Energia, a subsidiary of KPI Green Energy (NSE:KPIGREEN, BOM:542323) has entered into a battery energy storage purchase agreement (BESPA) with Gujarat Urja Vikas Nigam to develop a standalone battery energy storage system (BESS) project, according to a Tuesday filing to the Indian stock exchanges.</p><p>The project will have an aggregate capacity of 120 MW/240 MWh across Gujarat.</p><p>Under the pact, Sun Drops Energia will develop, own, and operate the standalone BESS Project at locations around the 220kV Gariyadhar AIS substation (65 MW / 130 MWh) and 220kV Otha AIS substation (55 MW / 110 MWh) in Gujarat, India.</p><p>It will make the contracted battery energy storage capacity available to GUVNL on a long-term basis.</p><p>The company's shares were up over 4% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_MND","symbol_name":"MSCI 印度（美元）指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2636884944","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636884944","pubTimestamp":1779166250,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Sun Drops Energia, a subsidiary of KPI Green Energy  has entered into a battery energy storage purchase agreement  with Gujarat Urja Vikas Nigam to develop a standalone battery energy storage system  project, according to a Tuesday filing to the Indian stock exchanges.The project will have an aggregate capacity of 120 MW/240 MWh across Gujarat.Under the pact, Sun Drops Energia will develop, own, and operate the standalone BESS Project at locations around the 220kV Gariyadhar AIS substation  and 220kV Otha AIS substation  in Gujarat, India.It will make the contracted battery energy storage capacity available to GUVNL on a long-term basis.The company's shares were up over 4% in recent trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4182":"重型电气设备","BESS":"Bimergen Energy Corporation"},"translate_title":"KPI Green的子公司签署在印度古吉拉特邦开发电池储能系统的协议；股价上涨4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BESS":1,"MNDmain":1.5},"content_text":"Sun Drops Energia, a subsidiary of KPI Green Energy (NSE:KPIGREEN, BOM:542323) has entered into a battery energy storage purchase agreement (BESPA) with Gujarat Urja Vikas Nigam to develop a standalone battery energy storage system (BESS) project, according to a Tuesday filing to the Indian stock exchanges.The project will have an aggregate capacity of 120 MW/240 MWh across Gujarat.Under the pact, Sun Drops Energia will develop, own, and operate the standalone BESS Project at locations around the 220kV Gariyadhar AIS substation (65 MW / 130 MWh) and 220kV Otha AIS substation (55 MW / 110 MWh) in Gujarat, India.It will make the contracted battery energy storage capacity available to GUVNL on a long-term basis.The company's shares were up over 4% in recent trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}