KP Energy Share Price in Focus; Secures 100 MW Wind Project from SECI Through Tariff-Based Bidding

K.P. Energy Limited has received a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) for a 100 MW ISTS-connected wind power project. The award follows tariff-based competitive bidding under SECI’s Tranche XIX. The project will be set up in Gujarat under the company’s Independent Power Producer (IPP) segment.  

The LoA has been issued by a domestic entity and is subject to the execution of a Power Purchase Agreement (PPA). The company disclosed the development through a stock exchange filing dated February 10, 2026.  

Tariff and Timeline 

The project carries a discovered tariff of ₹3.67 per kWh for the full 100 MW capacity. As per the award terms, supply from the project must begin within 24 months from the effective date of the PPA.  

The filing states that the order is not a related-party transaction. It also notes that the promoter or group companies do not have any interest in the awarding entity.  

Capacity Impact 

After execution of the PPA and completion of the project, the company’s IPP portfolio is expected to increase to around 150 MW. The addition forms part of its ongoing build-out of owned generation capacity.  

The project will be executed under the IPP segment alongside the company’s engineering, procurement and construction activities.  

Read More: KP Energy Share Price Surges Over 2% on Securing 99 MW Wind Power Project from Inox Renewable! 

KP Energy Share Price Performance  

As of February 11, 2026, 10:45 am, K.P. Energy Ltd share price was trading at ₹318.90, a 1.15% decrease from the previous closing price. 

Conclusion 

The LoA secures a 100 MW wind project at a tariff of ₹3.67 per kWh, with commissioning expected within two years of the PPA. Once completed, the project is expected to raise the company’s IPP capacity to about 150 MW. 

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