KP Green Engineering Limited has informed the exchange about receipt of Letter of Award from MAHAPREIT for developing 5 MW of rooftop solar PV projects on government buildings across the ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 2.5 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
KP Green Engineering Ltd has received a Letter of Award from MAHAPREIT (a Government of Maharashtra undertaking) dated July 22, 2025, for setting up 5 MW (AC) rooftop solar PV projects on various government buildings in Goa. The company secured this as the L1 bidder (A1 category) and will execute the work on a turnkey EPC basis, covering design, supply, installation, commissioning, and 5 years of maintenance. The overall tender from MAHAPREIT covers 30 MW of distributed grid-connected rooftop solar, of which KPGEL's share is 5 MW. The order is from a domestic government entity with no related party interest. Financial value of the order was not disclosed in the filing.
This is a positive development for shareholders as it strengthens the company's order book in the government rooftop solar segment and reinforces its position in India's renewable energy space. The 5-year O&M component also adds recurring revenue visibility, though the absence of a disclosed order value limits assessment of its size relative to revenue.