04-09-2024 10:21 AM | Source: Accord Fintech
KPI Green Energy gains on getting CEIG approval for 16 MW Solar Power Project under CPP segment

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KPI Green Energy is currently trading at Rs. 895.00, up by 5.65 points or 0.64% from its previous closing of Rs. 889.35 on the BSE.

The scrip opened at Rs. 868.00 and has touched a high and low of Rs. 898.45 and Rs. 868.00 respectively. So far 11167 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 1116.00 on 12-Aug-2024 and a 52 week low of Rs. 255.46 on 12-Sep-2023.

Last one week high and low of the scrip stood at Rs. 919.00 and Rs. 861.00 respectively. The current market cap of the company is Rs. 11760.93 crore.

The promoters holding in the company stood at 53.09%, while Institutions and Non-Institutions held 6.39% and 40.51% respectively.

KPI Green Energy has obtained approvals from the Chief Electrical Inspector (CEIG) for 16 MW of solar power projects under its CPP business segment. These projects were executed for its esteemed clients of M/s. KPIG Energia and M/s. Sun Drops Energia, wholly owned subsidiaries companies of the Company. Furthermore, the approval from the Chief Electrical Inspector (CEIG) has been received in the names of the respective 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.