KPI Green Energy receives LOI for 33.6/76.6 MW Wind-Solar Hybrid Project
KPI Green Energy · Power
Key highlights
- Received Letter of Intent for development of a 33.6 MW Wind and 33.6 MW AC/43 MW DC Solar hybrid power project in Gujarat under Group Captive arrangement
- Project to be developed, constructed, and commissioned within 14 months from Stage-2 connectivity, latest by December 31, 2027, with a 25-year energy supply agreement
- Project capacity totals 33.6 MW Wind and 33.6/76.6 MW DC Solar; order awarded by a domestic private body corporate with no promoter group interest or related party transaction
Why it's rated notable: The filing is a Letter of Intent, which is non-binding, and it states no rupee value for the project, so the level is kept at medium on the no-amount rule and cannot be high.
Original filing
Receipt Of Letter Of Intent (LOI) For 33.6 /76.6 MW DC Wind-Solar Hybrid Power Project Under Group Captive Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from KPI Green Energy
- Acquisition / mergerNotableKPI Green Energy’s subsidiary Sun Drops Energia acquires 88.37% stake in DMGEL
- Acquisition / mergerNotableKPI Green Energy signs binding offer to acquire 507.9 MW wind capacity in Gujarat
- Acquisition / mergerNotableKPI Green Energy to acquire 100% equity of Alfanar Energy and Netra Wind Pvt Ltd
- Order winNotableKPI Green Energy receives ₹2,025 crore EPC order from NACOF Oorja for 500 MW solar project
- Acquisition / mergerNotableKPI Green Energy's subsidiary SDEL acquires 62.91% stake in DMGEL
Other order win filings this fortnight
- Cochin Shipyard Limited signs ₹500 crore contract for naval vessel refit
- Dilip Buildcon Ltd declared L-1 bidder for ₹901.43 Cr EPC project by NBCC
- Ashoka Buildcon Limited receives LOA for 120 MWp Solar PV Plant in Bhutan
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- HLE Glascoat subsidiary Kinam Engineering secures $42-48M international order
- SpectraA Technology Solutions receives ₹21 crore domestic order for brewery project
Potential multibaggers · Q2 FY27
Potential multibaggers in Power
on management's own guidance
- Strong growth2
- Strong growth1
- Adani PowerGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
