Sun Drops Energia Set to Convert Into a Public Company as It Prepares for a Larger Growth Push

Sun Drops Energia Private Limited, part of the KP Group and known for its presence in solar power EPC and clean-energy solutions has taken a major step toward scaling its corporate structure.

The company has formally called an Extraordinary General Meeting (EGM) on December 29, 2025, seeking shareholder approval to convert from a private limited company into a public limited company.

Sun Drops Energia Private Limited, the renewable energy arm of the KP Group’s KPI Green Energy platform, has strengthened its project pipeline by securing new contracts to develop solar power projects totaling 62.20 MW under the Captive Power Producer (CPP) segment. This order builds on Gujarat’s renewable energy push and expands the company’s operational footprint in the utility-scale solar sector.

• Under India’s Distributed Renewable Energy Bilateral Purchase (DREBP) Policy and the Gujarat Renewable Energy Policy-2023, Sun Drops Energia won Letters of Award from multiple clients to execute the projects, expected to be completed by FY 2025-26 in phased tranches. 

• This 62.20 MW addition brings the unit’s CPP portfolio to 152.34 MW, underpinning a broader order book of 1.60 GW in captive solar commitments held by KPI Green Energy and its subsidiaries. 

• Converting Sun Drops Energia into a public entity positions it to scale aggressively into solar, hybrid power, and emerging BESS opportunities.

With expanding project wins, a deeper order pipeline, and a planned IPO on the horizon, Sun Drops Energia is shaping up as KPI Green's next growth engine aiming to move from a fast-scaling subsidiary to a capital-powered renewable platform.