KPI Green Energy Ltd shares surge 5% following 15 MW Order from Aether Industries for Solar Power Project

KPI Green Energy Ltd experienced a 5% surge in shares as it secured a significant order for 15 MW from Aether Industries to execute a solar power project. The order was awarded to KPIG Energia, a wholly owned subsidiary of the company, under the captive power producer (CPP) segment. The solar power project is slated for completion in FY25, with the work progressing in various tranches.

As of 9:46 am, KPI Green Energy Ltd shares were trading 5% higher at ₹2,193.00, reflecting the positive market response to the company’s recent order acquisition. The successful bid for the solar power project enhances KPI Green Energy’s position in the renewable energy sector and contributes to its growth trajectory.