KPI Green Energy has been granted a Letter of Intent (LoI) for a wind solar hybrid power project with a total capacity of 145.20 MW, comprising 145.20 MW of wind power and 50 MW of solar power. This significant project is awarded by Ayana Renewable Power Four, a company based in Bangalore. The project’s designated location is in the state of Gujarat, and it falls within KPI Green Energy’s Captive Power Producer (CPP) business segment.
In addition to securing this project, KPI Green Energy is tasked with delivering a comprehensive range of services, encompassing Engineering, Procurement, Construction, and Commissioning (EPCC). These responsibilities encompass activities such as land acquisition, design, manufacturing, supply, construction, erection, testing, and commissioning for the balance of the plant. Furthermore, the company will oversee the facilitation of power evacuation facilities and ensure the acquisition of the necessary approvals and permits required for the successful execution of the Project.
Today the script was opened at Rs 826.80 and currently it is trading at Rs 824.25, up by 0.19%. It has 52 week high of Rs 953.80 and 52 week low of Rs 345. Over the past one year shares of company have increased it value by staggering 94.30%. Company has market capitalization of around Rs 3000 crore.
KPI Green Energy, formerly known as K.P.I. Global Infrastructure, is a specialized solar power generation company with a strong focus on delivering solar power solutions. They operate as an Independent Power Producer (IPP) under the ‘Solarism’ brand, providing solar power to various clients. Additionally, they offer their services to Captive Power Producer (CPP) customers, thereby catering to a broad spectrum of energy needs in the renewable energy sector. Additionally, the company has set target to reach 1000 MW by the end of year 2025.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary