KPI Green Energy Secures 9.4 MW Solar Projects
By Rediff Money Desk, NEWDELHI Mar 06, 2024 14:56
KPI Green Energy has secured new solar power project orders totalling 9.40 megawatt from four private entities. The projects are scheduled to be completed in FY 2024-25.
![KPI Green Energy Secures 9.4 MW Solar Projects](https://im.rediff.com/money/2015/may/22solar.jpg)
New Delhi, Mar 6 (PTI) KPI Green Energy Ltd on Wednesday said it has received new solar power project orders totalling 9.40 megawatt from four private entities.
The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order, KPI Green Energy said in an exchange filing.
Out of the total 9.40 megawatt (MW), 5 MW capacity will be set by KPI Green Energy Ltd and the remaining 4.40 MW capacity by its wholly-owned subsidiary KPIG Energia Private Ltd.
The company did not disclose any financial details of the deal.
As per industry estimates, 1 MW of solar energy project costs in the range of Rs 6-7 crore.
The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order, KPI Green Energy said in an exchange filing.
Out of the total 9.40 megawatt (MW), 5 MW capacity will be set by KPI Green Energy Ltd and the remaining 4.40 MW capacity by its wholly-owned subsidiary KPIG Energia Private Ltd.
The company did not disclose any financial details of the deal.
As per industry estimates, 1 MW of solar energy project costs in the range of Rs 6-7 crore.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.74 (+ 2.62)
- 84886833
- Srestha Finvest
- 2.24 (+ 4.67)
- 34707853
- Ola Electric Mobilit
- 132.76 (+ 19.99)
- 27685743
- Suzlon Energy Ltd.
- 79.93 (+ 4.10)
- 27308498
- IFL Enterprises
- 1.22 (+ 4.27)
- 24757806
MORE NEWS
![Sebi Eases...](https://im.rediff.com/80-80/money/2024/aug/10sebi1.jpg)
Sebi Eases Compliance for Listed NCDs - New...
Sebi proposes amendments to simplify compliance requirements for entities with listed...
![Chandrasekaran:...](https://im.rediff.com/80-80/news/2018/jan/04modi.jpg)
Chandrasekaran: Learn From Indian Wisdom &...
Tata Group Chairman N Chandrasekaran emphasizes the importance of learning from Indian...
JSW Cement Files IPO Papers to Raise Rs 4,000...
JSW Cement has filed draft papers with Sebi for an IPO to raise Rs 4,000 crore. The IPO...