Hot Pursuit     16-Feb-24
KPI Green arm bags 1.5 MW solar power project
The power generation company on Thursday announced that its wholly owned subsidiary, KPIG Energia has received new order of 1.5 megawatt (MW) for executing solar power project under captive power producer (CPP) segment.

The company said that the order was received from Pruthvi Textile.

The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order, it added.

KPI Green Energy develops and maintains grid connected solar power projects and sells power units generated from the company's solar plants.

The company’s consolidated net profit jumped 46.87% to Rs 50.60 crore in Q3 FY24 as against Rs 34.45 crore posted in Q3 FY23. Revenue from operations stood at Rs 330.11 crore in Q3 FY24, registering a growth of 84.20% YoY.

Shares of KPI Green Energy were locked in an upper circuit of 5% to settle at Rs 1,408.75 on the BSE.

Previous News
  Waaree Renewables Technologies Ltd Surges 5%
 ( Hot Pursuit - 19-Mar-24   09:30 )
  KPI Green arm bags 5.60 MW solar power project
 ( Hot Pursuit - 20-Jan-24   08:36 )
  KPI Green Energy to hold board meeting
 ( Corporate News - 20-Apr-24   09:36 )
  KPI Green Energy Ltd leads gainers in 'A' group
 ( Hot Pursuit - 16-Nov-23   12:00 )
  KPI Green gains after arm bags 4.66 MW solar power projects
 ( Hot Pursuit - 28-Nov-23   10:59 )
  KPI Green mulls bonus issue
 ( Hot Pursuit - 28-Dec-23   09:03 )
  KPI Green Energy updates on subsidiary’s new order
 ( Corporate News - 05-Jan-24   11:57 )
  Bengal & Assam Company Ltd leads losers in 'A' group
 ( Hot Pursuit - 27-Dec-23   15:00 )
  KPI Green receives orders for 7MW solar capacity
 ( Corporate News - 03-Oct-23   13:24 )
  KPI Green commissions 26.10 MW wind-solar hybrid power project in Gujarat
 ( Hot Pursuit - 26-Apr-23   08:49 )
  KPI Green gains on bagging order for solar power project
 ( Hot Pursuit - 15-Dec-22   11:01 )
Other Stories
  Atul Auto's sales in May 2024 rises more than 2x to 2,331 units
  01-Jun-24   16:56
  TVS Motor total sales climb 12% YoY in May’24
  01-Jun-24   16:29
  Inox Wind to raise Rs 1,000 crore Via NCPRPS
  01-Jun-24   16:01
  REC board OKs to raise upto Rs 1.45 lakh crore via private placement
  01-Jun-24   15:35
  Tata Motors total sales rises 2% YoY in May'24
  01-Jun-24   14:57
  Escorts Kubota sells 8,612 tractors in May 2024; construction equipment sales up 3.3% YoY
  01-Jun-24   14:56
  Maruti Suzuki total sales drop to 174,551 units in May’24
  01-Jun-24   14:50
  M&M total sales rises 17% YoY to 71,682 units in May’24
  01-Jun-24   12:53
  CIL's coal production rises 7.5% YoY in May'24; offtake at 68.2 MT
  01-Jun-24   12:17
  Adani Ports arm inks pact with Tanzania Port Authority for 30 year
  01-Jun-24   08:50
Back Top