Hot Pursuit     08-Jul-24
KPI Green Energy gains after inking PPA with GUVNL
KPI Green Energy rallied 4% to Rs 1,853 after the company signed a power purchase agreement (PPA) for a 50MW Solar-Wind Hybrid Power Project with Gujarat Urja Vikas Nigam (GUVNL).
This project, comprising 50 MW of solar and 16.80 MW of wind, was awarded through a competitive bidding process issued by GUVNL on 1 November 2023, and secured through a reverse E-Auction on 22 January 2024.

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

The company’s consolidated net profit increased 35.4% to Rs 43.04 crore on 58.6% jump in revenue from operations to Rs 289.36 crore in Q4 FY24 over Q4 FY23.

Previous News
  KPI Green Energy achieves Zero Net Debt status on standalone basis
 ( Corporate News - 28-Aug-24   10:27 )
  KPI Green Energy to conduct board meeting
 ( Corporate News - 28-Dec-23   11:42 )
  KPI Green receives LoI for 7 MW solar power projects under CPP
 ( Corporate News - 03-Sep-24   12:09 )
  KPI Green rises on bagging 4.2 MW solar power projects
 ( Hot Pursuit - 09-Oct-23   10:34 )
  KPI Green Energy standalone net profit rises 191.65% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   14:19 )
  KPI Green Energy wins 4.20 MW solar power project
 ( Corporate News - 09-Oct-23   11:16 )
  KPI Green Energy consolidated net profit rises 178.22% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   15:14 )
  KPI Green's subsidiary bags LoIs for 7MW solar power projects
 ( Hot Pursuit - 03-Sep-24   12:22 )
  KPI Green Energy receives CEIG approval for 5 MW solar power project
 ( Corporate News - 03-Oct-24   10:04 )
  Board of KPI Green Energy to consider proposal for stock split
 ( Corporate News - 03-May-24   12:07 )
  KPI Green gains after arm bags 4.66 MW solar power projects
 ( Hot Pursuit - 28-Nov-23   10:59 )
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