Announced Wed, 30 Sept, 2026 · 10:19 IST
KPI Green to acquire 507.9 MW wind capacity for 2410 crore
KPIGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.7%1-day move
₹372.50
prior close
₹379.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.6-1.0-0.6-7.7-13.5-12.4-10.1-12.5—————
Up moveDown movePending
AI summary
KPI Green Energy signed a binding offer to acquire 100 percent of Alfanar Energy and Netra Wind, owning 507.9 MW of operational wind projects in Bhuj, Gujarat. Enterprise value is about 2410 crore. Both portfolios sell power to SECI under 25 year PPAs with roughly 21 years remaining. Post deal, installed IPP capacity rises from 1.16 GW to 1.67 GW, with 2 GW target by year end. Closing expected by 28 February 2027, subject to approvals.
Likely market impact
Major scale-up with revenue-generating assets and long-term SECI contracts improves cash flow visibility. Funding and execution risk remain until close.