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KP Energy to incorporate wholly owned subsidiary for O&M business

08 Jan 2022 Evaluate

KP Energy is planning to incorporate wholly owned subsidiary namely ‘KP ENERGY OMS’ for Operation and Maintenance (O&M) business. The proposed wholly owned subsidiary shall be engaged in the field of operation and maintenance of the renewable power projects.The company is planning to develop its O&M division as a separate vertical to achieve the economies of scale and streamline the focus on the core operation of O&M business. 

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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