Introduction:
Leading green energy company has secured ₹272 crore in funding from NaBFID for a 50MW hybrid power project in Gujarat. This initiative strengthens its renewable portfolio and supports its goal of achieving 10GW capacity by 2030 under a 25-year PPA.
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Share price movement of KPI Green Energy:
On March 19, 2025, KPI Green Energy Ltd opened at ₹387.95, up 1.49% from its previous close of ₹382.25. The stock reached a high of ₹398.40 (4.22%) and a low of ₹385.30. By 10:23 AM, it traded at ₹392.85, reflecting a 2.77% gain, with a market cap of ₹7,734.85 crore.
KPI Green Energy Secures ₹272 Crore NaBFID Funding:
KPI Green Energy Limited has received a final sanction letter from the National Bank for Financing Infrastructure and Development (NaBFID) for ₹272 crore in credit facilities. This funding will support the development of a 50MW hybrid power project in Bharuch, Gujarat, consisting of 75.2MWp solar capacity and 16.95MW wind capacity.
The project will operate under a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited. The financial assistance will ensure timely project completion and strengthen KPI Green Energy’s renewable energy portfolio. The initiative aligns with the company’s commitment to sustainable energy solutions.
With this development, KPI Green Energy moves closer to its ambitious target of achieving 10GW capacity by 2030. The project will significantly contribute to the nation’s green energy transition, reinforcing the company’s leadership in the renewable sector and fostering environmental sustainability.
Recent news on KPI Green Energy:
As of February 06, 2025, KPI Green Energy Ltd reported a 67% YoY surge in Q3 FY25 net profit to ₹84.50 crore, with revenue rising 38.8% to ₹458.36 crore and total expenses increasing 35.3% to ₹351.09 crore.
Stock performance of KPI Green Energy for Period of 1 week, 6 months, and 1 year:
KPI Green Energy Ltd showed a marginal 0.21% gain over the past week but faced a significant decline of 26.6% over six months and 25.9% over the past year, reflecting ongoing market challenges and volatility in the renewable energy sector.
Shareholding pattern of KPI Green Energy:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 48.80% | 48.80% | 53.10% |
| FII | 8.80% | 10.00% | 6.10% |
| DII | 1.90% | 1.60% | 0.30% |
| Public | 40.50% | 39.80% | 40.50% |
About KPI Green Energy:
KPI Green Energy Ltd (NSE: KPIGREEN), part of KP Group, develops, owns, and manages renewable power projects, including solar and wind-solar hybrids. Operating under the ‘Solarism’ brand, it serves as both an Independent Power Producer (IPP) and a Captive Power Producer (CPP) service provider.
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.
