KPI Green Energy surges on bagging work order worth Rs 2,025 crore
KPI Green Energy is currently trading at Rs. 377.05, up by 5.80 points or 1.56% from its previous closing of Rs. 371.25 on the BSE.
The scrip opened at Rs. 382.80 and has touched a high and low of Rs. 386.30 and Rs. 371.70 respectively. So far 157934 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 541.90 on 03-Nov-2025 and a 52 week low of Rs. 272.00 on 16-Sep-2026.
Last one week high and low of the scrip stood at Rs. 386.30 and Rs. 329.55 respectively. The current market cap of the company is Rs. 7431.48 crore.
The promoters holding in the company stood at 49.40%, while Institutions and Non-Institutions held 8.81% and 41.79% respectively.
KPI Green Energy has received a work order from NACOF Oorja (NOPL), a subsidiary of NACOF, for the turnkey Engineering, Procurement and Construction (EPC) of a 500 MW / 550 MWp solar photovoltaic power project. The order is valued at around Rs 2,025 crore (inclusive of all taxes).
The project of 500 MW forms part of the 5,000 MW Solar Photovoltaic Power Park being developed by NOPL at Village Dantoor, Tehsil Khajuwala, District Bikaner, Rajasthan. Under the Work Order, the Company will be responsible for the complete design, engineering, procurement, supply, installation, testing and commissioning of the plant. The scope includes civil works, PV modules, module mounting structures, inverters, inverter transformers, HT switchgear and associated electrical systems, the 33 kV transmission line and evacuation bay, and SCADA and monitoring systems. The project is scheduled to be completed within 12 Months from the handing over of the project site.
This order comes after the 500 MW / 550 MWp solar BOS package awarded to the Company by NTPC Renewable Energy at Bikaner earlier this year and further strengthens the Company’s position in Rajasthan. As a full turnkey mandate, it also reflects the company’s end-to-end EPC capabilities in utility-scale solar. The order adds meaningfully to the Company’s EPC order book and provides good revenue visibility over the coming year.
