KPI Green Energy gains on incorporating special purpose vehicle
KPI Green Energy is currently trading at Rs. 518.30, up by 3.70 points or 0.72% from its previous closing of Rs. 514.60 on the BSE.
The scrip opened at Rs. 517.70 and has touched a high and low of Rs. 521.35 and Rs. 513.40 respectively. So far 8774 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 744.37 on 12-Aug-2024 and a 52 week low of Rs. 312.95 on 29-Jan-2025.
Last one week high and low of the scrip stood at Rs. 537.15 and Rs. 491.70 respectively. The current market cap of the company is Rs. 10241.01 crore.
The promoters holding in the company stood at 48.78%, while Institutions and Non-Institutions held 9.64% and 41.58% respectively.
KPI Green Energy has incorporated a Special Purpose Vehicle (SPV) namely ‘KPIN Clean Power Three LLP’. The company has received approval from Ministry of Corporate Affairs for incorporation of a SPV on July 2, 2025.
The main objective of the SPV is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy.
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.
