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KPI Green Energy Wins Fresh Adani Orders for 300 MW Solar Work at Khavda

Written by: Aayushi ChaubeyUpdated on: 10 Feb 2026, 4:36 pm IST
KPI Green Energy share price has come in focus after securing fresh orders for 300 MW solar work at Khavda, taking total project orders to 834 MWac.
KPI Green Energy
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KPI Green Energy share price has come in focus today. The compny has informed stock exchanges that it has received substantial new orders from Adani Group entities. The contracts are for executing electrical, civil, and allied works for a 300 MWac/405 MWdc solar project at the Khavda Hybrid Renewable Power Project in Gujarat.

The orders were disclosed under Regulation 30 of SEBI LODR, in line with the SEBI Master Circular dated November 11, 2024.

What The New Project Involves

The scope of work is broad and covers key activities required to build a utility-scale solar plant. KPI Green Energy will carry out:

  • Electrical AC-DC works
  • Civil works, including pile foundation and installation of stubs
  • Erection of module mounting structures
  • Module installation
  • Construction of structures for a robotic cleaning system
  • Installation of IDT stations

In addition, the company will supply electrical DC/AC and HT equipment, though the main equipment is excluded. The contracts have been issued through Service Orders and a Purchase Order, and the client entities include Adani Green Energy Six Limited and Adani Green Energy Limited.

Total Khavda Orders Rise to 834 MWac

With this latest 300 MWac order, KPI Green Energy’s total orders from Adani Group entities for Khavda projects now stand at 834 MWac / 1,131 MWdc. This includes an earlier order of 534 MWac / 726 MWdc, announced on January 16, 2026. 

The steady rise in order size highlights the growing role of KPI Green Energy in one of India’s most closely watched renewable energy zones.

Execution Plan and Compliance Details

The company stated that the work will be executed in a phased manner, based on timelines mentioned in the service and purchase orders.

It also clarified that these contracts are not related party transactions, and that the promoter group has no interest in the awarding entities. This confirms the orders are arm’s length and compliant with regulatory disclosure requirements.

KPI Green Energy Share Price Performance 

KPI Green Energy share price has shown mixed near-term movement, but strong long-term gains. Over the past 5 Days, the stock has gained nearly 8%, but over 5 years, it has gained over 2,000%. 

Read more: Best Monopoly Stocks in February 2026: HAL, CDSL, IRCTC and More Based on 5-yr CAGR Basis.

Conclusion

KPI Green Energy’s new 300 MWac order from Adani Group entities strengthens its position as an execution partner in large-scale renewable projects. With total Khavda-linked orders now at 834 MWac, the company appears to be building deeper operational presence in one of India’s biggest clean energy developments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Feb 10, 2026, 11:04 AM IST

Aayushi Chaubey

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