KPI Green Energy commissions solar power projects through wholly-owned subsidiaries

12 Dec 2022 , 12:37 PM

KPI Green Energy Limited has informed to the exchanges that the company is developing Solar Power Projects aggregating 24.90 MWp capacity from various captive customers under the ‘Captive Power Producer (CPP)’ segment.

As per the regulatory filing, the company is developing the projects through KPIG Energia Private Limited and Sundrops Energia Private Limited, wholly owned subsidiaries of the Company.

“Through the respective wholly owned subsidiaries, has commissioned 38.76 MWp Solar Power Projects under both CPP and IPP segment and upon commissioning of the new orders aggregating to 24.90 MWp total cumulative capacity of the solar power projects under both CPP and IPP segment shall stand at 63.66 MWp, through the wholly owned subsidiary companies”, KPI Green Energy said on Monday in a filing.

At around 12:44 PM, KPI Green Energy was trading at Rs910.65 per share higher by Rs12.15 or 1.35% as against previous closing of Rs898.50 per share on the BSE.

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