Hot Pursuit     28-Nov-23
KPI Green gains after arm bags 4.66 MW solar power projects
KPI Green Energy rose 1.41% to Rs 1,232 after the company said that its wholly owned subsidiary, Sun Drops Energia received new orders of 4.66 MW for executing solar power projects under captive power producer segment of the company.

The company said that the order was received from GVM Woven and Radhika Silk Mills.

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.

“With addition of the order mentioned above, our cumulative orders of solar power projects, till date have crossed over 143 MW under CPP segment of the company.” KPI Green stated.

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

The power generation company reported a 64.2% increase in consolidated net profit to Rs 34.75 crore in Q2 FY24 as against Rs 21.16 crore in Q2 FY23. Revenue from operations jumped 34.55% year on year to Rs 215.06 crore during the quarter ended 30 September 2023.

Previous News
  ICRA upgrades ratings of KPI Green Energy to 'A' with 'positive' outlook
 ( Hot Pursuit - 05-Sep-24   11:53 )
  KPI Green Energy receives LoI for 28.MW solar power projects
 ( Corporate News - 02-Aug-24   16:01 )
  Board of KPI Green Energy approves fund raising up to Rs 1,000 cr
 ( Corporate News - 13-May-24   10:25 )
  Board of KPI Green Energy approves sub-division of shares
 ( Corporate News - 23-May-24   12:21 )
  KPI Green Energy consolidated net profit rises 162.25% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   15:07 )
  KPI Green Energy fixes record date for 4th interim dividend
 ( Market Beat - Reports 31-Jan-23   14:20 )
  Gravita India Ltd leads losers in 'A' group
 ( Hot Pursuit - 23-Jan-25   15:00 )
  Board of KPI Green Energy recommends 3rd interim dividend
 ( Corporate News - 06-Feb-25   16:40 )
  KPI Green Energy hits the roof after Q3 PAT zooms 67% YoY to Rs 85 cr
 ( Hot Pursuit - 06-Feb-25   16:00 )
  Board of KPI Green Energy recommends interim dividend
 ( Corporate News - 31-Jan-23   16:38 )
  KPI Green bags order for solar power project
 ( Corporate News - 05-Dec-22   14:38 )
Other Stories
  Steel Exchange India jumps after increasing production capacity at Andhra Pradesh plant
  19-Mar-25   16:02
  Ixigo rises on collaborating with Amadeus to enhance airline content
  19-Mar-25   15:46
  Juniper Hotels gains after inking pact with Jenipro Hotels to develop hotel/resort in Assam
  19-Mar-25   15:11
  NTPC jumps on plan to raise funds via debentures
  19-Mar-25   15:09
  Atishay gains on bagging micro ATM order
  19-Mar-25   15:05
  Mastek Ltd leads losers in 'A' group
  19-Mar-25   15:01
  Larsen & Toubro gains as board to mull fund raising on 21 March
  19-Mar-25   14:57
  Uravi Defence & Technology Ltd leads losers in 'B' group
  19-Mar-25   14:46
  Oriental Rail Infra hits the roof after bagging Rs 2-cr order from Indian Railways
  19-Mar-25   14:39
  Aurobindo Pharma jumps as Telangana unit gets VAI status from USFDA
  19-Mar-25   14:35
Back Top