KPI Green Energy gains on commissioning 26.10 MW wind-solar hybrid power project in Gujarat
KPI Green Energy is currently trading at Rs. 488.15, up by 2.70 points or 0.56% from its previous closing of Rs. 485.45 on the BSE.
The scrip opened at Rs. 491.95 and has touched a high and low of Rs. 495.15 and Rs. 487.70 respectively. So far 1681 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 515.35 on 21-Apr-2023 and a 52 week low of Rs. 191.63 on 11-May-2022.
Last one week high and low of the scrip stood at Rs. 515.35 and Rs. 473.05 respectively. The current market cap of the company is Rs. 1754.13 crore.
The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 2.55% and 42.64% respectively.
KPI Green Energy has successfully commissioned 26.10 MW wind-solar hybrid power project comprising 16.10 MW and 10 MWdc solar capacity, being company’s own power generating asset portfolio, at Shungar site in Bhavnagar, Gujarat, under the Gujarat Wind-Solar Hybrid Power policy 2018. The company has made necessary arrangements for selling the power generated out of this wind-solar hybrid power project to the Commercial and Industrial (C&I) clients.
KPI Green Energy (formerly known as K.P.I. Global Infrastructure) is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers.