KPI Green Energy spurts ~4.5% on bagging new 5.40 MW power project

22 Sep 2022 , 09:55 AM

KPI Green Energy Limited informed that the company has received a new order. The order is for executing a Wind-Solar Hybrid Power Project of 5.40 MW capacity.

The 5.40 MW order comprises of 5.40 MW Wind Turbine and 4 MWdc Solar capacity.

The company has received this order from Greenlab Diamonds LLP, Surat under the ‘Captive Power Producer (CPP)’ business segment of the company.

The company’s prime objective is to provide solar energy in several business sectors. Under the brand name Solarism, the company designs, builds, owns, runs, and maintains solar power facilities as an Independent Power Producer (IPP) and Captive Power Producer (CPP).

At around 9.58 AM, KPI Green Energy was trading 4.13% higher at Rs892 apiece, against previous close of Rs856.60 on NSE. The scrip opened at Rs875.10 and hit intraday high of Rs898.40.

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