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KP Energy receives LOI worth Rs 119.73 crore

21 Sep 2021 Evaluate

KP Energy has received letter of intent (LOI) aggregating Rs 119.73 crore from captive customers in Gujarat for executing wind power project under the wind power policy 2016 which is getting expired on March 31, 2022. The orders will be executed within the current financial year. In view of showel readiness, company is confident of completing execution ahead of schedule. This is first instance where company has offered EPCC services of Project with supply of turbine to customers.

KP Energy engages in operating solar and wind energy projects in India. It is developing a wind farm of 25 Megawatts in Bhavnagar and 150 Megawatts in Porbandar.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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