KPI Green Energy Limited has informed the Exchange regarding 'Receipt of Notification(s) of Award from NTPC Limited for the Plasma Gasification based Green Hydrogen generation project from MSW-RDF / Agri-waste at NETRA, NTPC Greater Noida. The disclosure is attached herewith'.
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Awaiting price reaction for this filing.
KPI Green Energy Limited has received a Notification of Award from NTPC Limited for a Plasma Gasification based Green Hydrogen generation project. The project involves processing MSW-RDF (Municipal Solid Waste - Refuse Derived Fuel) and agricultural waste at NETRA (NTPC Energy Technology Research Alliance) in Greater Noida. NTPC is one of India's largest public sector power companies, making this a notable order from a major government-owned client. The financial value of the order has not been disclosed in the headline announcement. This adds to KPI Green's presence in the green hydrogen and waste-to-energy segments.
Positive for the company as it strengthens its order book with a prestigious PSU client and validates its capability in emerging green hydrogen technology. Shareholders may view this as a confidence booster, though the actual stock impact will depend on the order value and execution timeline.