KPI Green Energy Limited has informed the Exchange regarding 'Receipt of orders for Supply of Goods and Onsite Services for Balance of System (BoS) package for 534 MW Solar Power Projects at Khavda, Gujarat. Disclosure is attached herewith.'.
KPIGREEN · price
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Awaiting price reaction for this filing.
KPI Green Energy has received a new order to supply goods and onsite services for the Balance of System (BoS) package across 534 MW of solar power projects at the Khavda Solar Park in Gujarat. Khavda is one of the world's largest planned renewable energy parks, making this a sizeable addition to the company's order book. The exact contract value has not been disclosed in the headline. BoS work typically includes mounting structures, cabling, inverters, and other balance-of-plant items needed to make solar panels operational.
This is a meaningful new order win for KPI Green Energy and should boost its order book and revenue visibility. Positive for sentiment, though the stock reaction will depend on the contract value and margins, which were not specified in the disclosure.