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KPI Green Energy soars on bagging orders for 534 MW solar projects

The company has received orders from Adani Green Energy and Adani Green Energy Six

KPI Green Energy is currently trading at Rs. 441.85, up by 9.35 points or 2.16% from its previous closing of Rs. 432.50 on the BSE.

The scrip opened at Rs. 434.45 and has touched a high and low of Rs. 454.00 and Rs. 434.40 respectively. So far 75610 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 562.60 on 16-Jul-2025 and a 52 week low of Rs. 312.95 on 29-Jan-2025.

Last one week high and low of the scrip stood at Rs. 469.00 and Rs. 431.25 respectively. The current market cap of the company is Rs. 8702.74 crore.

The promoters holding in the company stood at 48.67%, while Institutions and Non-Institutions held 9.93% and 41.39% respectively.

KPI Green Energy has received orders for the supply of goods from M/s Adani Green Energy and Onsite Services for M/s Adani Green Energy Six for Balance of System (BoS) package for an aggregate 534 MW Solar Power Projects at Khavda, Kutch, Gujarat.

The scope of work of supply of Goods in the Balance of System (BoS) package includes manufacturing, procurement, packing, transportation, factory acceptance tests, and supply of commissioning spares, mandatory spares, consumables and associated materials. The scope of work of onsite services in the Balance of System (BoS) package includes receipt, unloading, storage, installation, testing, commissioning, civil, mechanical and electrical works, handing over and performance guarantee testing for the said Solar Power Projects.

These orders further strengthen the company’s position as a trusted execution partner for largescale utility solar projects and are aligned with its strategy to scale up its BoS and EPC capabilities across marquee renewable energy developments. The projects are scheduled to be executed in a phased manner, in accordance with the timelines stipulated under the respective contracts.

KPI Green Energy (formerly known as K.P.I. Global Infrastructure) is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers. The company is a part of KP Group.