Hot Pursuit     12-Jan-24
KPI Green arm bags 2 MW solar power project
The power generation company on Thursday announced that its wholly owned subsidiary, KPIG Energia has received new order of 2 megawatt (MW) for executing solar power project under captive power producer (CPP) segment.

The company said that the order was received from Sanwariya Processors.

The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order, it added.

KPI Green Energy develops and maintains grid connected solar power projects and sells power units generated from the company's solar plants.

The power generation company reported a 64.2% increase in consolidated net profit to Rs 34.75 crore in Q2 FY24 as against Rs 21.16 crore in Q2 FY23. Revenue from operations jumped 34.55% year on year to Rs 215.06 crore during the quarter ended 30 September 2023.

Shares of KPI Green Energy advanced 2.37% to settle at Rs 1,495.30 on the BSE.

Previous News
  Indices trade with minor losses; PSU bank shares decline
 ( Market Commentary - Mid-Session 08-Jul-24   11:35 )
  KPI Green Energy gains after inking PPA with GUVNL
 ( Hot Pursuit - 08-Jul-24   10:25 )
  KPI Green Energy consolidated net profit rises 46.87% in the December 2023 quarter
 ( Results - Announcements 14-Feb-24   15:50 )
  KPI Green Energy Ltd Surges 5%
 ( Hot Pursuit - 19-Feb-24   09:30 )
  KPI Green Energy wins order for 100 MW solar power project
 ( Corporate News - 20-Jul-24   18:36 )
  KPI Green gains on bagging 9.40 MW solar power project
 ( Hot Pursuit - 06-Mar-24   14:54 )
  KPI Green signs PPAs for 6.30 MW solar power under IPP
 ( Corporate News - 16-Jan-23   17:46 )
  KPI Green commissions 16.83 MW solar power plant
 ( Hot Pursuit - 26-Dec-23   16:46 )
  KPI Green Energy Q3 PAT climbs 46% YoY to Rs 51 cr
 ( Hot Pursuit - 14-Feb-24   17:01 )
  KPI Green Energy fixes record date for bonus issue
 ( Market Beat - Reports 12-Dec-22   14:43 )
  Market snaps 4-day gains; Nifty below 24,050 mark; VIX slides 3.28%
 ( Market Commentary - Quick Review 28-Jun-24   15:43 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top