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KPI Green Energy informs about signing of contract agreement

30 Jan 2025 Evaluate

In continuation of its earlier intimation bearing Ref.: No. KPI/MAT/NOV/2024/588 and Ref.: No. KPI/MAT/DEC/2024/589 dated November 30, 2024 and December 2, 2024 respectively, KPI Green Energy has informed that the company has successfully signed Contract Agreement with Coal India to develop a 300 MWAC grid-connected ground-mounted solar PV plant with Operation & Maintenance (O&M) services for five years at GIPCL’s Solar Park in Khavda, Gujarat. The contract price is ?1,311.40 Crore, with completion expected by November 2025. It’s a privilege for its company to contribute to the nation’s transition to sustainable renewable energy, reinforcing and accelerating its efforts to meet its ambitious target of 10 GW capacity by 2030.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1413.40
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 403.00
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