KP Green Engineering Share Price in Focus on 5 MW Rooftop Solar Order from MAHAPREIT

KP Green Engineering Limited has announced a significant milestone with the receipt of a Letter of Award (LOA) from MAHAPREIT for developing rooftop solar projects across Goa. The company, formerly known as K P Buildcon Private Limited, disclosed this development in compliance with SEBI’s Regulation 30, marking a noteworthy step in its expansion within the government solar infrastructure sector.

Project Details and Scope of Work

As per the LOA dated 22 July 2025, issued by Mahatma Phule Renewable Energy and Infrastructure Technology Limited, a Government of Maharashtra undertaking, KP Green has secured an order to execute 5 MW (AC) of rooftop solar PV projects. These projects will be implemented across various identified government buildings in Goa. The total capacity falls under a larger 30 MW distributed grid-connected rooftop solar initiative. The company qualified through the L1 bid in the A1 category.

Under the turnkey EPC arrangement, KP Green will be responsible for complete execution, including design, engineering, supply, installation, testing, commissioning, and comprehensive operations and maintenance services for 5 years.

Strategic Importance and Company Positioning 

This order is entirely domestic in nature and does not involve any related party transactions or promoter interest. The win significantly enhances KP Green’s presence in the public sector solar domain and underscores its standing as a trusted player in India’s renewable energy sector. 

With over 8 years of experience in rooftop solar projects and a 10.5 MW portfolio spanning commercial, industrial, and government clients, the company continues to contribute to the nation’s clean energy goals through reliable execution and innovative solar solutions.

Also Read: Best Green Hydrogen Stocks in India in August 2025!

KP Green Engineering Share Price Performance 

As of July 30, 2025, at 11:40 AM, KP Green Engineering share price is trading at ₹514.85 per share, reflecting a gain of 1.28%. Over the past month, the stock has declined by 3.10%.

Conclusion

KP Green Engineering’s new order from MAHAPREIT strengthens its project portfolio and positions it further in India’s solar growth story. With execution responsibilities for 5 MW of rooftop solar in Goa, the company reaffirms its leadership in delivering sustainable, large-scale energy solutions for government infrastructure.

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