Mumbai, December 3 (Udaipur Kiran): KPI Green Energy was trading sharply higher at Rs. 442.75 on the BSE, up by 13.45 points or 3.13 per cent from its previous close of Rs. 429.30.
The stock opened at Rs. 439.00 and touched a high of Rs. 447.80 and a low of Rs. 420.00 during the session. So far, 93,914 shares have been traded on the counter.
The BSE Group ‘A’ stock, with a face value of Rs. 5, has touched a 52-week high of Rs. 589.00 on January 3, 2025, and a 52-week low of Rs. 312.95 on January 29, 2025. Over the past one week, the stock has traded between Rs. 412.00 and Rs. 447.80. The company’s current market capitalisation stands at Rs. 8,708.66 crore.
Promoters hold 48.67 per cent stake in the company, while institutional and non-institutional investors hold 9.93 per cent and 41.39 per cent respectively.
KPI Green Energy has received a major work order from Gujarat State Electricity Corporation (GSECL) for the engineering, procurement and construction (EPC) of a 142 MW (DC) / 110 MW (AC) floating solar photovoltaic (FSPV) project at the Kadana Dam reservoir in Mahisagar district of Gujarat.
The project includes a complete turnkey scope involving design, engineering, procurement, construction and installation of the floating solar PV system. It also covers grid-connection infrastructure, including a 33 kV underground transmission line to the pooling station and 33/220 kV bays at the Kadana substation. A comprehensive 10-year operation and maintenance (O&M) contract is also part of the project. The project is scheduled to be completed within 18 months.
KPI Green Energy, formerly known as K.P.I. Global Infrastructure, is a solar power generating company under the KP Group. It operates as an Independent Power Producer under the brand ‘Solarism’ and also provides solar solutions to captive power producer customers.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
