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KPI Green Energy stock hits 5% upper circuit on major order win

The company secured order for executing solar power project of 1.40 MW capacity.

September 28, 2022 10:06 IST | India Infoline News Service
KPI Green Energy Ltd stock rallied in the market on Wednesday as the company received major new order.

As per the filing, the company secured order for executing solar power project of 1.40 MW capacity from M. S. Synthetics under 'Captive Power Producer (CPP)' segment of the Company.

Further, recently, KPI Green Energy has crossed the landmark of overall Cumulative Consolidated Solar power project capacity of 200+ MWp comprising of 100+ MW of its own power generating portfolio under 'Independent Power Producer (IPP)' segment and 100+ MWp under 'Captive Power Producer (CPP)' segment of the Company.

At around 10:05 AM, KPI Green Energy was trading at Rs891 per share higher by 4.98% as against previous closing of Rs848.75 per share on the BSE. At morning, the scrip opened at Rs847 per share on the same platform.

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