KPI Green Energy stock jumps over 2.5% on receipt of four solar power projects

Madhu Balaji Updated - March 06, 2024 at 02:15 PM.

The projects are scheduled to be completed in FY 2024-25 in various tranches

Shares of KPI Green Energy stock rose on the NSE after the company announced securing four new solar power projects. The stock surged 2.51 per cent to trade at ₹1,692 as of 1.51 om on Wednesday.

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According to the company’s stock exchange filing, of the 9.40 MW executing solar power projects, KPI Green Energy will undertake 5 MW capacity and its subsidiary, KPIG Energia Pvt Ltd will undertake the remaining 4.40 MW capacity.

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The orders have been received from Sustainable Spinning & Commodities Pvt Ltd, Sharvil Tex Fab, Dharma Fab, and Raghuveer Tex. The projects are scheduled to be completed in FY 2024-25 in various tranches. 

Published on March 6, 2024 08:45
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