KPI Global Infra signs PPA for sale of 5.70MW solar power; Stocks hit 10% upper circuit

The agreement is for sale of 5.70 MW solar power for their different units for a period of 20 years.

Jun 16, 2021 10:06 IST India Infoline News Service

KPI Global Infrastructure Ltd has informed that KPI Global has signed new long term Power Purchase Agreement (PPA) with Polycab India Limited, Vadodara.

The agreement is for sale of 5.70 MW solar power for their different units for a period of 20 years under Independent Power Producer (IPP) business vertical.

At around 10:45 AM, KPI Global was trading at Rs61.50 per piece higher by Rs7.05 or 12.95% on Sensex.

Previously, the scrip was closed at Rs54.45 per piece on Dalal Street.

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