Power Stock in focus: KPI Green Energy signs Contract Agreement with Coal India Ltd
The contract price is Rs 1,311.40 Crore, with completion expected by November 2025.
Power Stock in focus: KPI Green Energy signs Contract Agreement with Coal India Ltd
Multi bagger Power stock, KPI Green Energy Limited has successfully signed a Contract Agreement with Coal India Limited to develop a 300 MWAC grid-connected ground-mounted solar PV plant with Operation & Maintenance (O&M) services for five years at GIPCL’s Solar Park in Khavda, Gujarat.
The contract price is Rs 1,311.40 Crore, with completion expected by November 2025. It’s a privilege for our company to contribute to the nation’s transition to sustainable renewable energy, reinforcing and accelerating our efforts to meet our ambitious target of 10 GW capacity by 2030, the company stated in an exchange filing.
On January 29, KPI Green Energy signed a Memorandum of Understanding (MoU) with the Odisha government to develop renewable energy parks in Ganjam.
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With this, the shares of the company are boosted by over 5% at Rs 349.85 on NSE. The stock has slipped over 34% over the past month while falling more than 44% in the last six months.
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