Kpi Green Shares Zoom As Firm With 4.20MW Wind-Solar Hybrid Power Project


By Asmita pants IST (Released)

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Shares of KPI Green Energy were trading up 2.7% at Rs 898.4 on BSE at the time of writing.

Shares of KPI Green Energy Ltd rose 5.15% on Thursday, September 15, after the company announced that it had received new orders for the execution of a wind-solar hybrid energy project in a capacity of 4.20 MW.

The company said in an exchange filing that it received the order for New Jewelery, Surat, under the company’s captive power generator business segment. The project includes a 4.20 MW wind turbine and a 3 MWdc solar project.

Shares of KPI Green Energy were trading up 2.7% at Rs 898.4 on BSE at the time of writing.

A day earlier, during market hours, the company announced that it had signed power purchase agreements (PPAs) to sell 15.88 MW wind-solar hybrid power projects under of the Independent Power Producers (IPP) segment.

KPI Green has signed new long-term PPAs for the sale of 15.88MW projects with six clients – J Korin Spinning Pvt Ltd, JS Ecotex Ltd, Oriilon India Pvt Ltd, Jay Bharat Metcast Pvt Ltd, Kiri Industries Ltd, Cheminova India Ltd.

“They will be powered by our upcoming 16.1OMW wind-solar hybrid power project (comprising 16.1OMW wind and 1OMWd, solar capacity) at Bhungar site, Mahuva, Bhavnagar district, Gujarat,” the company said. in an exchange. deposit.


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