KPI Green Energy Ltd receives LOI for 40 MW hybrid power project from Anupam Rasayan India Ltd

KPI Green Energy Ltd has received a new largest single LOI for executing Wind-Solar Hybrid Power Project of 40 MW (comprising of 21.50 MW Wind and 18.50 MW Solar) capacity from M/s Anupam Rasayan India Ltd., Surat under 'Captive Power Producer (CPP)' business segment of the Company.

This largest single LOI for the 40 MW Wind-Solar Hybrid Power Project is a significant milestone for our company, showcasing our strong position in the renewable energy market. The magnitude of this LOI demonstrates the trust and confidence placed in our company's capabilities, technical expertise, and commitment to delivering high-quality sustainable energy solutions. This achievement further strengthens our position in the industry and reinforces our commitment to driving the transition towards clean and renewable energy sources.

The project is scheduled to be completed in the financial year 2023-24, in various tranches.

Shares of K.P.I. Global Infrastructure Ltd was last trading in BSE at Rs. 529.25 as compared to the previous close of Rs. 514.05. The total number of shares traded during the day was 41171 in over 1942 trades.

The stock hit an intraday high of Rs. 530.35 and intraday low of 507.05. The net turnover during the day was Rs. 21645273.00.

Source : Equity Bulls

Keywords

KPIGreenEnergy INE542W01017 LOI OrderWin CPP AnupamRasayanIndia