KPI Green Energy bags 4.20 MW solar power project; Stock gains 1%

KPI Green Energy Limited stock gains on Monday morning as the company received new orders aggregating to 4.20 MW for executing solar power projects under ‘Captive Power Producer (CPP)’ Segment of the Company.

In a regulatory filing, KPI Green informed that with addition of the order mentioned above, company's cumulative orders of solar power projects, till date have crossed 100+ MW under CPP segment of the Company.

“The projects are scheduled to be completed in the financial year 2023-24, in various tranches as per the terms of the order”, said the company.

Notably, the aggregate order size is 4.20 MW.

During early trade on Monday, shares of KPI Green were trading at Rs 915.05 per share higher by 1.23% on the BSE.