In its exchange filing, KP Energy stated, “We are pleased to inform you that K.P. Energy Limited (the “Company”) has received new orders aggregating to 1003.7 MW capacity for renewable energy projects from KPI Green Energy Limited.”
The project, set to be completed in phases, includes capacities of 86.8 MW, 641.9 MW, and 275 MW in Phases I, II, and III, respectively. KP Energy will manage Engineering, Procurement, Construction, and Commissioning (EPCC) responsibilities, covering design, supply, construction, testing, and securing all necessary approvals.
KP Energy Limited (KPEL) is a key player in India’s renewable sector, specialising in turnkey wind and solar project solutions. With a presence across Gujarat, the company’s notable projects include a 300 MW facility in Kutch, a 250.8 MW site in Dwarka, and a 10.5 MW plant in Devbhumi Dwarka.
Initially part of the KP Group—a logistics company founded in 1994—KPEL went public in 2015 and operates from its corporate office in Surat.
By 1:32 PM, the stock was up 3.37%, trading at ₹626.5 on the BSE. KP Energy’s market capitalisation currently stands at ₹4,208.14 crore, positioning it within the BSE SmallCap category.
(Edited by : Sheersh Kapoor)
