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KPI Green Energy Achieves PM-KUSUM Milestone, Supplies Solar Power to Gujarat Farmers; stock up 6%

News by Aliceblue News Desk

03 Feb 2026

KPI Green Energy Achieves PM-KUSUM Milestone, Supplies Solar Power to Gujarat Farmers; stock up 6%

Introduction

Leading renewable energy developer commissions 16.16 MWdc solar projects under PM-KUSUM in Gujarat, supplying reliable daytime power for agricultural pumping and supporting government renewable energy initiatives.

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Also Read: Renewable stocks surge after India-US trade deal; Waaree, NTPC Green, Adani Green rally

Share price movement of KPI Green Energy

On February 3, 2026, KPI Green Energy Ltd opened at ₹410.60, up 4.63% from its previous close of ₹392.40. The stock reached a high of ₹415.00 (5.79%) and a low of ₹398.70 (1.59%). By 4:01 PM, it traded at ₹402.75, a 2.64% increase, with a market cap of ₹7,947.91 crore.

KPI Green Energy Commissions Solar Projects

KPI Green Energy Limited has received the commissioning certificate for 16.16 MWdc solar power projects under its Independent Power Producer segment under the PM-KUSUM Scheme.

The projects are located in the operational area of Dakshin Gujarat Vij Company Limited (DGVCL), making KPI Green Energy one of the early developers to achieve commissioning under this scheme.

The company has commenced supply of renewable energy for agricultural pumping, providing reliable daytime power to farmers and reducing dependence on conventional and diesel-based electricity sources.

The PM-KUSUM initiative promotes decentralized solar power, energy and water security, and sustainable farming practices. KPI Green Energy demonstrates strong execution and commitment to renewable energy objectives.

Stock performance of KPI Green Energy for Period of 1 week, 6 months, and 1 year

KPI Green Energy Ltd delivered a 4.17% decline over the past week, declined 23.6% in the past six months, and dropped 3.21% over the past one year.

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Also Read: Godrej Properties moves up after selling homes worth ₹2,000 Cr at Trilogy launch in Worli

Shareholding pattern of KPI Green Energy

ParticularsDec 2025Sep 2025Jun 2025
Promoter49.30%48.70%48.70%
FII8.70%9.20%8.30%
DII0.60%0.80%0.80%
Public41.50%41.40%42.30%

About KPI Green Energy

KPI Green Energy Ltd (KPIGREEN) develops, builds, owns, and manages solar and wind power projects as an IPP and provides services to Captive Power Producers.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is KPI Green Energy Ltd share price rising today?

A: KPI Green Energy commissions 16.16 MWdc solar projects under PM-KUSUM in Gujarat, supplying renewable energy for agricultural pumping needs.

Q: What is KPI Green Energy Ltd’s main business focus?

A: KPI Green Energy Ltd develops, owns, and manages solar and wind projects as an IPP and provides services to Captive Power Producers.

Q: What are the 52-week high and low of KPI Green Energy Ltd stock?

A: KPI Green Energy Ltd stock has a 52-week high of ₹562.60 and a 52-week low of ₹335.55.

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