KPI Green Energy spurts ~5% on bagging its largest solar power project order

6 Jul 2022 , 10:16 AM

KPI Green Energy Limited informed that it has secured the biggest order for the execution of a solar power project.

The project is for the execution of 23.60 MW capacity from M/s Nouveau Jewellery LLP, and 3 MW capacity from M/s Nouveau Diamonds Manufacturing India LLP.

Total capacity under the said projects aggregate to 26.60 MW under the Captive Power Producer (CPP)’ segment of the Company.

Following this development, KPI Green Energy’s counter rallied 4.98% at Rs708 against its previous close of Rs674.40 on NSE. So far, it hit intraday high and low of Rs727.40 and Rs692.30 respectively.