KPI Green Energy Arm Secures LoI for 445 MW/890 MWh Standalone BESS Projects from GUVNL
KPI Green Energy’s subsidiary Sun Drops Energia has received a Letter of Intent from Gujarat Urja Vikas Nigam (GUVNL) to develop 445 MW/890 MWh standalone BESS projects across Gujarat, marking the group’s foray into the utility-scale IPP BESS segment.
January 05, 2026. By Mrinmoy Dey
“This LOI has been issued pursuant to the tariff-based competitive bidding process for the development of Standalone BESS Projects under Phase-VII, supported by Viability Gap Funding (VGF) through the Power System Development Fund (PSDF),” the company said in a regulatory filing.
It further added that the project represents two important firsts for the group: its maiden utility-scale IPP BESS project and its first BESS project awarded by a major government body.
This development marks the group's expansion into the BESS segment, representing its entry into utility-scale BESS and adding a strategic new asset class to its existing renewable energy portfolio of solar, wind, and hybrid power projects, it said.
Standalone BESS projects are grid-connected energy storage facilities that operate independently of any specific solar or wind power plant and are used by utilities to store electricity during off-peak periods and supply power during peak demand periods. “Standalone BESS projects of this scale are emerging as critical infrastructure for grid reliability, peak power management, and renewable energy integration, and the award underscores the company’s expanding capabilities across emerging clean energy segments,” the company stated.
please contact: contact@energetica-india.net.
Rajat Singh
Co-founder and CEO
Why Unified Intelligence is Key for C&I Renewables? Rajat Singh of EarthSync Answers
Nidhi Sharma
Director
R&D is an Integral Part of Zuvay Technologies' Growth Strategy, Says Director Nidhi Sharma
Anilkumar Mukundan
President – Sales
How Can India–Sweden Partnership Drive Decarbonisation?
Rajiv Kumar
CEO
What’s Behind Vedanta Aluminium’s Clean Energy Push? Rajiv Kumar Answers
Nirmal Reddy
President
Electric Mobility Success Depends on Execution, Not Intent, says ETO Motors’ Nirmal Reddy