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 consolidated net profit rises 66.96% in the December 2024 quarter
 ( Results - Announcements 07-Feb-25   17:40 )
  Board of KPI Green Energy approves allotment of 1.06 cr equity shares under QIP
 ( Corporate News - 17-Aug-24   12:29 )
  KPI Green Energy Ltd leads losers in 'A' group
 ( Hot Pursuit - 14-Mar-24   15:00 )
  KPI Green Energy receives LoI for 28.MW solar power projects
 ( Corporate News - 02-Aug-24   16:01 )
  KPI Green concludes Rs 1,000 cr QIP of equity shares
 ( Hot Pursuit - 17-Aug-24   11:47 )
  Bengal & Assam Company Ltd leads losers in 'A' group
 ( Hot Pursuit - 27-Dec-23   15:00 )
  KPI Green Energy launches QIP, floor price set at Rs 1,245/ share
 ( Hot Pursuit - 19-Dec-23   10:03 )
  KPI Green Energy Q2 net profit jumps 64% YoY to Rs 35 cr
 ( Hot Pursuit - 10-Oct-23   14:49 )
  KPI Green Energy announces board meeting date
 ( Corporate News - 19-Dec-23   10:27 )
  Patel Engineering Ltd leads losers in 'A' group
 ( Hot Pursuit - 30-Apr-24   15:00 )
  KPI Green Energy updates on subsidiary’s new order
 ( Corporate News - 05-Jan-24   11:57 )
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