KPI Green Energy Limited has informed the Exchange regarding 'receipt of Letters of Award for 200 MW (AC) Solar EPC & O&M Project from SJVN Limited, Aggregating to Rs. 696.50 Crore'.
KPIGREEN · price
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KPI Green Energy has received Letters of Award from SJVN Limited, a government-owned power company, for a 200 MW (AC) Solar EPC and O&M project. The total value of the contract is Rs. 696.50 Crore. The award covers both engineering, procurement, and construction work along with subsequent operations and maintenance. This is a notable project win for KPI Green Energy in the solar EPC space and adds meaningful revenue visibility.
Positive for shareholders — a Rs. 696.50 Crore order from a credible government-owned counterparty (SJVN) strengthens the company's order book and reinforces its position in the renewable energy EPC segment. Likely to be received positively by the market.