KPI Green Energy shines on getting LOI from Anupam Rasayan India
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KPI Green Energy is currently trading at Rs. 544.10, up by 14.85 points or 2.81% from its previous closing of Rs. 529.25 on the BSE.
The scrip opened at Rs. 530.00 and has touched a high and low of Rs. 544.45 and Rs. 530.00 respectively. So far 10198 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 556.50 on 18-May-2023 and a 52 week low of Rs. 223.93 on 07-Jun-2022.
Last one week high and low of the scrip stood at Rs. 544.45 and Rs. 491.10 respectively. The current market cap of the company is Rs. 1960.09 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 received a new largest single Letter of intent (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, 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 the company, showcasing its strong position in the renewable energy market. The magnitude of this LOI demonstrates the trust and confidence placed in the company's capabilities, technical expertise, and commitment to delivering high-quality sustainable energy solutions. This achievement further strengthens its position in the industry and reinforces its commitment to driving the transition towards clean and renewable energy sources.
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.
