KPI Energy bags order to develop solar power projects
KPI Energy Limited has received new orders for a 9.40 MW Solar Power Plant under the Captive Power Producer Segment.
New Delhi: KPI Green has received new orders aggregating to 9.40 MW for executing solar power projects, out of which 5 MW capacity undertaken by KPI Green Energy Limited (‘the Company’) and 4.40 MW capacity by KPIG Energia Private Limited, a wholly-owned subsidiary of the Company under ‘Captive Power Producer (CPP)’ Segment of the Company, the firm confirmed in its BSE filing.
According to the significant terms and conditions, KPI Green Energy Limited and KPIG Energia Private Limited, a wholly-owned subsidiary of the company shall develop the projects as per the terms of the order. The nature of the order is pure commercial order.
Read Also : RVNL Q2: Net Profit fell by 27%, EBITDA misses estimates by 9%The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order. The entities awarding the contracts are M/s Sustainable Spinning & Commodities Pvt. Ltd, M/s Sharvil Tex Fab, M/s Dharma Fab, M/s Raghuveer Tex. The aggregated size of the order is 9.40 MW.
Read Also : Oil India secures critical mineral block in Arunachal PradeshNews Must Read
- Glowing 50 years of NTPC Limited
- PESB Recommends Vilas Sopan Wadekar for MRVCL CMD Position
- Oil PSUs to join Private forces for worth USD 45 billion project
- RBI revises KYC norms to co-ordinate with money laundering rules
- RITES Ltd Q2 results, standalone revenue at Rs 475 crore, declares interim dividend
- Power Grid reports 1.8% rise in consolidated net profit, EBITDA margin stood at 86%
- NTPC to invest Rs 80k cr for 6,400 MW thermal capacity, stock jump over by 0.8%
- IDFC FIRST Bank to offer real-time tracking for international money transfers
- Oil India Limited Reports H1FY25 PAT of Rs 4,085.46 Crore, 5.5% increase in crude oil production
- GAIL shares rallied over 6.5% post Q2 results, reported revenue of Rs 32,931 crore