KP Energy shares jumped more than 4% after the company bagged a major wind-solar hybrid order from KPI Green Energy. This order comes as part of a strategic move under the Gujarat Urja Vikas Nigam Limited (GUVNL) tenders, reinforcing KP Energy’s position in the renewable energy sector.
The awarded projects included EPCC services, marking a pivotal step in KP Energy’s expansion plans. The projects are set to be completed within the timelines specified in the definitive agreements, highlighting the company’s commitment to efficiency and reliability in project execution.
As of 11:31 am, KP Energy shares were trading 4.74% higher at Rs 636.40.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
