KPI Green Energy shares were up 0.8 percent at Rs 1,435.25 after the company's subsidiary bagged a new order for executing a solar power project.
".... informed that new order of 5.60 MW for executing solar power project have been received by M/s. KPIG Energia Private Limited, a wholly owned subsidiary under Captive Power Producer (CPP) segment," the company said in a press release.
The order was received from Shree Varudi Paper Mill LLP and is scheduled to be completed in the financial year 2024-25, in various tranches, as per the terms of the order.
Catch all market action in our live blog
The company had fixed Thursday, February 15, 2024, as the ‘Record Date’ for determining the eligibility of shareholders entitled for issuance of bonus equity shares of the company in the proportion of 1 equity share of Rs 10 each for every 2 existing equity shares of Rs 10 each.
Earlier in January 2024, the said subsidiary bagged a new order of 2 MW for executing a solar power project under the CPP segment of the company and also received a contract for a 3-megawatt solar power project from Jayco Synthetics.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
