KPI Green Energy Share Price in Focus After Receiving Major Solar Project LOA

KPI Green Energy has made significant strides with its subsidiary, KPIG Energia Private Limited, which has been awarded an LOA from Aditya Birla Renewables Limited (ABRL). The project entails the development of a 64 MWac / 96 MWp Solar Balance of System (BoS) power plant at Mahua, Gujarat.

This milestone aligns with KPI Green Energy’s long-term strategic roadmap, aiming for 10 GW of renewable energy capacity by 2030.

Project Scope and Key Details

The scope of the project includes the design, procurement, supply, loading, unloading, transportation, and installation of the solar power plant. Additionally, the project will involve comprehensive insurance arrangements, testing, synchronisation, and achieving the commercial operation date (CoD). The performance acceptance test (PAT) and facility acceptance test (FAT) will also be carried out as part of the commissioning process.

Strategic Importance of KPI Green Energy

This new order marks a significant step forward for KPI Green Energy, showcasing the company’s continued success in securing large-scale renewable energy projects. The award of this contract further strengthens the company’s position in the Indian renewable energy sector, which is rapidly expanding due to increasing government support and demand for green energy.

A Step Towards Long-Term Goals

The project is integral to KPI Green Energy’s long-term goals, contributing toward the company’s target of achieving 10 GW of renewable energy capacity by 2030. The trust placed in the company's capabilities to deliver complex renewable infrastructure projects is a testament to its solid execution record.

Read More: Nazara Technologies Share Price in Focus as Board to Consider Stock Split and Bonus Shares on August 12! 

KPI Green Energy Share Price Performance 

As of 2:47 PM on August 6, 2025, KPI Green Energy's share price was trading marginally lower by 0.58%. 

Conclusion

KPI Green Energy's new solar power project, coupled with its ambitious growth targets, positions the company well for the future. Investors and stakeholders alike will continue to watch its progress closely, as the company works towards becoming a significant player in India’s renewable energy revolution.

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