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KPI Green Energy: Stock jumps after receiving ₹696.5 Cr order from SJVN

KPI Green Energy Limited received three Letters of Award from SJVN Limited for a 200 MW solar project in Khavda, Gujarat, valued at ₹696.50 crore.

Introduction

Leading renewable energy company secures a 200 MW solar project in Khavda, Gujarat, including supply, EPC, and three-year O&M contracts, valued at ₹696.50 crore.

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Also Read: Apollo Micro Systems: Stock jumps after receiving order worth ₹392.70 Million by DRDO

Share price movement of KPI Green Energy

On October 17, 2025, KPI Green Energy Ltd opened at ₹460.75, up 0.43% from its previous close of ₹458.75. The stock reached a high of ₹480.80 (4.61%) and a low of ₹460.50. By 3:23 PM, it traded at ₹478.65, a 4.34% increase, with a market cap of ₹9,445.73 crore.

KPI Green Energy Secures 200 MW Solar Project

KPI Green Energy Limited has received three Letters of Award from SJVN Limited for a 200 MW (AC) solar project at Khavda, Gujarat, totaling ₹696.50 crore excluding GST.

The project covers full-scope EPC, including supply, erection, testing, commissioning, and civil works, followed by a three-year Operation & Maintenance contract from the Commercial Operation Date (COD).

With this award, KPI Green Energy’s total portfolio at Khavda Renewable Energy Park rises to over 845 MWp, reinforcing its position as a leading developer and EPC provider in the region.

Recent news on KPI Green Energy

As of September 25, 2025, KPI Green Energy Ltd secured a ₹3,200 crore sanction from the State Bank of India to part-finance its 250 MW solar and 370 MW hybrid projects.

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

KPI Green Energy Ltd delivered a 3.87% return over the past week. The stock gained 7.62% in the past six months but declined 16.4% over the past year.

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Also Read: BLS International Services: Stock jumps 19% after securing 3 yr deal with Ministry of External Affairs

Shareholding pattern of KPI Green Energy

ParticularsSep 2025Jun 2025Mar 2025
Promoter49%48.70%49%
FII9.20%8.30%8.10%
DII0.80%0.80%1.60%
Public41.40%42.30%41.50%

About KPI Green Energy

KPI Green Energy Ltd (NSE: KPIGREEN), part of KP Group, develops, builds, owns, manages, and maintains renewable power facilities. It provides solar and wind hybrid projects as an IPP and CPP service provider.

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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 going up today?

A: KPI Green Energy Ltd has received three Letters of Award from SJVN Limited for a 200 MW solar project, totaling ₹696.50 crore excluding GST.

Q: What does KPI Green Energy Ltd specialize in?

A: KPI Green Energy Ltd specializes in developing, building, owning, managing, and maintaining renewable power projects, including solar and wind-solar hybrid facilities.

Q: What is the market capitalization of KPI Green Energy Ltd?

A: The market capitalization of KPI Green Energy Ltd is ₹9,445.73 crore as of the latest trading session.

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