Hot Pursuit     19-Mar-25
KPI Green gains on securing Rs 272-cr for hybrid power project in Gujarat
KPI Green Energy rose 3.06% after it secured a Rs 272 crore final sanction from the national bank for financing infrastructure and development (NaBFID) to fund a 50 MW hybrid project in Bharuch, Gujarat, with 75.2 MWp solar and 16.95 MW wind capacity

This project, developed under a 25-year power purchase agreement with Gujarat Urja Vikas Nigam, will enhance the company’s renewable energy portfolio and support its goal of reaching a 10 GW capacity by 2030.

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 surged 67% to Rs 84.50 crore in Q3 FY25 as against Rs 50.61 crore recorded in Q3 FY24. Revenue from operations jumped 38.8% year on year (YoY) to Rs 458.36 crore in the quarter ended 31 December 2024.

Previous News
  KPI Green Energy secures order for 100 MW Hybrid Captive Solar Power Project
 ( Corporate News - 19-Jul-24   12:41 )
  KPI Green receives LoI for 7 MW solar power projects under CPP
 ( Corporate News - 03-Sep-24   12:09 )
  KPI Green arm gets LoAs for 15.90-MW solar power projects
 ( Hot Pursuit - 10-Feb-25   11:56 )
  Board of KPI Green Energy to consider fund raising options
 ( Corporate News - 06-May-24   14:32 )
  KPI Green Energy receives 15.90 MWDC solar power projects
 ( Corporate News - 10-Feb-25   13:31 )
  KPI Green Energy receives repeat order of 100 MW solar power
 ( Corporate News - 04-Jul-25   19:57 )
  KPI Green Energy consolidated net profit rises 46.87% in the December 2023 quarter
 ( Results - Announcements 14-Feb-24   15:50 )
  KPI Green Energy Ltd leads gainers in 'A' group
 ( Hot Pursuit - 09-Nov-23   12:00 )
  Bengal & Assam Company Ltd leads losers in 'A' group
 ( Hot Pursuit - 27-Dec-23   15:00 )
  KPI Green Energy arm receives 5.70 MW solar power project under CPP segment
 ( Corporate News - 03-Nov-23   15:23 )
  KPI Green Energy bags solar power projects of 74.30 MW
 ( Corporate News - 30-Apr-24   09:49 )
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