KPI Green Energy Limited has informed the Exchange regarding a press release dated September 25, 2025, titled "KPI Green Energy Limited secures a sanction of INR 3,200 crore from State Bank of India for its Solar and Hybrid Independent Power Producer (IPP) projects aggregating 1+ GWp in Gujarat".
KPIGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 2.6 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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KPI Green Energy has secured a sanction of INR 3,200 crore from State Bank of India to part-finance two renewable energy projects in Gujarat totaling over 1 GWp. The facilities cover a 250 MW Solar Project and a 370 MW Hybrid Project (557 MWp Solar + 124.20 MW Wind), both backed by 25-year PPAs with Gujarat Urja Vikas Nigam Limited (GUVNL). The financing includes both fund-based and non-fund based components, structured at a 75:25 debt-equity ratio. Projects are located in Bharuch and Surendranagar districts and are part of the KP Group's 10 GW capacity target by 2030. Management expects the projects to generate long-term recurring revenue and eliminate over 1.5 million tonnes of CO₂ emissions annually once commissioned.
Positive for shareholders — large-scale debt sanction from India's largest public sector bank signals strong institutional confidence and enables significant capacity expansion. This should boost future revenue visibility through long-term PPAs and support the company's growth trajectory in the renewable energy sector.