KPI Green Energy Limited — Important, 15-01-2025: Updates

KPI Green Energy Limited has received a new order for the development of solar power projects with a cumulative capacity of 62.20 MW under its Captive Power Producer segment. This brings the total capacity in this segment to 152.34 MW, while the overall order book for KPI stands at 1.60 GW. The projects, awarded by various domestic clients under the Gujarat Renewable Energy Policy-2023, are expected to be completed in the financial year 2025-26. This development signals a positive outlook, with potential for increased revenue generation and growth in the renewable energy sector. Investors should watch closely for progress on these projects and their impact on the company's financial performance.