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KPI Green Energy Limited’s shares were up by 2.29 per cent after the company announced the acquisition of a project for a Wind-Solar Hybrid Power Plant with a total capacity of 6.90 MW. This project, comprising 4.90 MW of wind and 2 MW of solar capacity, has been awarded by General Polytex Pvt. Ltd. of Surat, falling under the ‘Captive Power Producer (CPP)‘ Segment.
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The project is scheduled for completion in various tranches throughout the financial year 2023-24, in accordance with the terms of the order. The aggregate order size amounts to 6.90 MW.
The shares were up by 2.29 per cent to ₹842.70 at 12.40 p.m. on the BSE.
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