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 consolidated net profit rises 98.77% in the June 2024 quarter
 ( Results - Announcements 08-Aug-24   11:17 )
  KPI Green Energy standalone net profit rises 198.50% in the March 2024 quarter
 ( Results - Announcements 25-Apr-24   17:46 )
  KPI Green Energy updates of Dividend
 ( Corporate News - 27-Sep-24   17:36 )
  KPI Green Energy hits the roof on bagging 100MW solar power project
 ( Hot Pursuit - 18-Mar-24   10:09 )
  KPI Green Energy secures order for 100 MW Hybrid Captive Solar Power Project
 ( Corporate News - 19-Jul-24   12:41 )
  Board of KPI Green Energy to consider fund raising options
 ( Corporate News - 06-May-24   14:32 )
  Indices erase all losses; pharma shares advance
 ( Market Commentary - Mid-Session 08-Aug-24   12:36 )
  Board of KPI Green Energy appoints director
 ( Corporate News - 11-Aug-23   11:52 )
  KPI Green Energy consolidated net profit rises 35.43% in the March 2024 quarter
 ( Results - Announcements 26-Apr-24   07:28 )
  KPI Green arm bags 1.5 MW solar power project
 ( Hot Pursuit - 16-Feb-24   08:48 )
  KPI Green commissions 26.10 MW wind-solar hybrid power project in Gujarat
 ( Hot Pursuit - 26-Apr-23   08:49 )
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