KPI Green Energy bags new order of 33 MWp solar power project

KPI Green Energy Limited, one of India's leading solar panel manufacturing company, has informed to the stock exchanges regarding receiving a new order of 33 MWp solar power plant under CPP segment.

According to the filing, the company has given a new order for the execution of Engineering, Procurement, Construction, and Commissioning (EPCC) of a solar power project of 33 MWp capacity under 'Captive Power Producer (CPP)' segment of the Company along with 25 years of Operation & Maintenance and Land Lease Agreement, through KPIG Energia Private Limited, which is a wholly owned subsidiary of the Company.

"This is the largest single order received by the Company and this will further strengthen and accelerate the speed to achieve our ambitious target of reaching 1000 MWp capacity by 2025", the company said on Thursday.

At around 2:35 PM, KPI Green Energy was trading at Rs917.70 per share higher by 1.31% on the BSE.