KP Energy soars on commissioning further 12.6MW ISTS connected wind power project at Sidhpur site
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KP Energy is currently trading at Rs. 432.85, up by 7.10 points or 1.67% from its previous closing of Rs. 425.75 on the BSE.
The scrip opened at Rs. 435.00 and has touched a high and low of Rs. 447.00 and Rs. 429.95 respectively. So far 462580 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 465.00 on 26-Feb-2024 and a 52 week low of Rs. 58.67 on 11-May-2023.
Last one week high and low of the scrip stood at Rs. 451.00 and Rs. 402.65 respectively. The current market cap of the company is Rs. 2902.02 crore.
The promoters holding in the company stood at 44.80%, while Institutions and Non-Institutions held 0.33% and 54.87% respectively.
KP Energy has successfully commissioned further 12.6MW (Phase-IX) ISTS connected Wind Power Project comprising 6 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka. This Phase-IX commissioning is a part of the 250.8MW ISTS connected Wind Power Project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI) under Tranche-VIII bidding. KP Energy is developing the Project for Apraava Energy as a Contractor under the Land and Balance of Plant Contract.
With the present Phase-IX commissioning, the net cumulative capacity commissioned at Sidhpur site stands at 222.6MW (i.e., 52.5MW + 29.4MW + 25.2MW + 21MW+ 10.5MW + 25.2MW + 29.4MW + 16.8MW + 12.6MW) against the awarded capacity of 250.8MW.
KP Energy is engaged in operating solar and wind energy projects in India.
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