KPI Green Energy Limited has informed the Exchange about Incorporation of New Special Purpose Vehicle (SPV). Disclosure is attached herewith.
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KPI Green Energy Limited has incorporated a new Special Purpose Vehicle named 'KPIN Clean Power One LLP' (KCPOL) on August 19, 2025, registered with the Registrar of Companies, Ahmedabad. The SPV is set up to generate, develop, distribute, and supply power using wind, solar, or other renewable energy sources. KPI Green Energy contributed Rs. 99,000 while its wholly owned subsidiary, KPark Sunbeat Private Limited, contributed Rs. 1,000, making the total capital contribution a nominal Rs. 1 lakh. KCPOL has not yet commenced business operations, and its current turnover is nil. The move is part of the company's standard renewable energy project execution structure, which typically involves setting up separate SPVs for individual projects.
This is a routine SPV incorporation with a negligible capital outlay (Rs. 1 lakh total), so there is no material financial impact on shareholders. However, it signals the company's continued expansion plans in the renewable energy segment and may support future project pipeline growth.