KPI Green Energy Stock Price: A major update on renewable energy, which has returned 310% in 3 years

News Topical, Digital Desk : KPI Green Energy Stock Price Marking a major milestone in the renewable energy sector, KPI Green Energy Ltd. announced on Friday, February 20, that it has successfully completed a 92.4 MW wind power project in Nakhatrana (Bhuj), Kutch district, Gujarat. The project was developed for Ayana Renewable Power Four. According to the company, a total of 28 wind turbine generators (WTGs) have been installed in the project.

All technical work completed, approval received from CEA.

The company stated that it has completed all of its scope of work, including the installation of the balance of plant, power substation, EHV transmission line, and wind turbines. The project has also received the necessary approvals from the Central Electricity Authority (CEA), a key step toward its formal launch. It has also received a major order from the Adani Group.

Earlier this month, KPI Green Energy received a major order from Adani Group companies for electrical, civil, and other related works for a 300 MWac/405 MWdc project.

This project is part of the Khavda Hybrid Renewable Power Project in Kutch, Gujarat, considered one of the largest hybrid renewable projects in the country.

The order includes critical tasks such as AC-DC electrical work, pile foundations, installation of module mounting structures, solar modules, robotic cleaning system structures, IDT stations, and supply of high-tension equipment.

Share Status:
At around 11:20 am on Friday, KPI Green Energy shares were trading at ₹397.4, up 0.7%. However, the stock has declined 10.3% over the past month.
Experts believe that continued large projects in the green energy sector could strengthen the company's order book and enhance its long-term growth prospects.

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