KPI Green Energy touches roof on signing MoU with Government of Odisha
KPI Green Energy is currently trading at upper limit of Rs. 333.30, up by 15.85 points or 4.99% from its previous closing of Rs. 317.45 on the BSE.
The scrip opened at Rs. 318.05 and has touched a high and low of Rs. 333.30 and Rs. 312.95 respectively. So far 145239 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. 383.15 and Rs. 312.95 respectively. The current market cap of the company is Rs. 6562.36 crore.
The promoters holding in the company stood at 48.78%, while Institutions and Non-Institutions held 10.60% and 40.62% respectively.
KPI Green Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha for the establishment of Renewable Energy Parks in the district of Ganjam, Odisha. By signing this MoU, it demonstrates its mutual commitment to the growth of the renewable energy sector and its vision for a sustainable, clean energy future.
Earlier, the company’s subsidiary -- Sun Drops Energia had received new order for the development of solar power projects with a cumulative capacity of 62.20 MW under the ‘Captive Power Producer’ business segment of the Company.
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.
