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KPI Global Infrastructure shines on commissioning new capacity of 2.05 MW in existing solar power plant at Bharuch

23 Aug 2021 Evaluate

KPI Global Infrastructure is currently trading at Rs. 132.20, up by 3.75 points or 2.92% from its previous closing of Rs. 128.45 on the BSE.

The scrip opened at Rs. 134.85 and has touched a high and low of Rs. 134.85 and Rs. 131.35 respectively. So far 814 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 163.60 on 05-Aug-2021 and a 52 week low of Rs. 33.90 on 26-Mar-2021.

Last one week high and low of the scrip stood at Rs. 148.00 and Rs. 123.90 respectively. The current market cap of the company is Rs. 232.07 crore.

The promoters holding in the company stood at 52.69%, while Non-Institutions held 47.31% stake in the company.

KPI Global Infrastructure has successfully commissioned new capacity of 2.05 MW (DC) in its existing solar power plant at Village-Sudi & Tancha, Ta-Amod, District- Bharuch. The additional capacity of 2.05 MW (DC) was commissioned with effect from July 1, 2021 under Independent Power Producer (IPP) category for Cadila Healthcare, Ahmedabad against their Power Purchase Agreement (PPA) capacity for which the company has also received Commissioning Certificate dated August 17, 2021 from Gujarat Energy Development Agency (GEDA). With this addition, the total cumulative plant capacity under IPP Category of the solar power plant as on date has gone up to 59.03 MW - DC.

KPI Global Infrastructure is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers.

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