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 to hold board meeting
 ( Corporate News - 06-May-24   10:57 )
  KPI Green concludes Rs 1,000 cr QIP of equity shares
 ( Hot Pursuit - 17-Aug-24   11:47 )
  KPI Green Energy to convene AGM
 ( Corporate News - 06-Sep-24   17:13 )
  KPI Green secures LoA for developing 66.20 MW hybrid power project
 ( Hot Pursuit - 26-Sep-24   10:11 )
  Waaree Renewables Technologies Ltd Falls 5%
 ( Hot Pursuit - 13-Mar-24   09:30 )
  KPI Green Energy Ltd leads gainers in 'A' group
 ( Hot Pursuit - 09-Nov-23   12:00 )
  Board of KPI Green Energy appoints director
 ( Corporate News - 11-Aug-23   11:52 )
  KPI Green Energy to hold AGM
 ( Corporate News - 06-Sep-24   16:39 )
  KPI Green Energy receives LoI for a 145.20 MW hybrid renewable energy project
 ( Corporate News - 22-Sep-23   15:19 )
  KPI Green Energy to conduct board meeting
 ( Corporate News - 28-Dec-23   11:42 )
  KPI Green commissions 16.83 MW solar power plant
 ( Hot Pursuit - 26-Dec-23   16:46 )
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