KPI Green

Khavda: CIL Awards KPI Green Contract For 300 MW Solar Project

Coal India Limited (CIL) has now awarded KPI Green a contract to set up 300 MW of its solar project at Khavda. CIL had earlier bagged this project from Gujarat Urja Vikash Nigam’s (GUVNL). The tender for this project was released in October this year. The tender result was released within a month. Coal India, […]

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Green Stocks Nov 26: Weak Market, Weaker Green Stocks Performance

As the market struggled to find a decisive direction today, our green pack had problems of its own. The biggest green developer, Adani Green Energy continued it’s slide into new depths, cracking past Rs 900 after news that JV partner Total Energies would be pausing further investments till clarity emerges on the US indictments. The […]

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KPI Green Plans To Go Global After Its Beyond-Gujarat Success

Gujarat-based renewable energy company KPI Green Energy has now hinted at its likely plan to go international. However, it has refrained from shedding more light on its plan, citing ongoing talks on the matter. The top management of the firm, buoyed by its increased penetration in states beyond Gujarat said told its investors in a […]

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Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump

The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […]

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Green Stocks Nov 6: Trump Bad for Climate, But Good For Green Stocks?

Perhaps it was just the relief of putting the event behind them, or a genuine hope that a Trump presidency would broadly be good for growth, but there was little doubt that Indian market seem to consider a Trump presidency better. That explains the sharp jump seen in the markets today, with our green pack […]

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KPI Green Q2 Results- Revenues Up 67% YoY, PAT Up 99%

Gujarat based KPI Green Energy, part of the KP Group with interests across the energy chain, has declared results for the September quarter , Q2 FY25. As expected revenues are up sharply over the corresponding quarter last year for the EPC firm, at Rs 361 crores versus Rs 216 crores last year.  Thanks to the […]

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Green Stocks Oct 22: It’s All Red For Green Stocks As Correction Continues

On a day when the broader market witnessed weakness right from the opening bell, our green pack did no better, failing to overcome the weakness in demand from investors. EPC players were the worst hit, with both Waaree RTL and SWREL logging approximately a 5% loss, even as Shakti Pumps and KPI Green struggled equally […]

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KPI Green Gets 100 MW Hybrid Project From Aether Industries

KPI Green Energy Limited recently received a new order for a 100 MW hybrid captive solar power project under the captive power producer (CPP) segment from Aether Industries Limited. Aether Industries Limited is a chemical manufacturer in India focused on producing intermediates and chemicals involving complex and differentiated chemistry and technology core competencies. The projects […]

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KPI Green Leads Again With Lowest Bid In 500 MW GUVNL Auction

Surat-based KPI Green Energy (Rs2.67), Avaada Energy (Rs 2.68), Solarcraft Power  India -BluPine (Rs 2.69) , Hinduja Renewables and NRC Industries (Rs 2.72) have emerged winners in the 500 MW solar auction from Gujarat Urja Vikas Nigam Limited (GUVNL). The tender, released in March this year, continues the trend of state discoms attracting bids over […]

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