KP Energy share price rose more than 4 percent intraday on October 12 after the company received a new order from Aditya Birla Renewable Energy Limited.
The order is for the development of a 23.1 MW wind capacity forming part of the wind-solar hybrid power project (comprising 23.1MW wind and 11MW Solar) to be connected to the existing 140MW power evacuation facility at Fulsar PSS.
The project includes the installation of a Suzlon-made wind-operated electricity generator (commonly also referred to as windmill or WTG) each of model S120 having a rated capacity of 2100 kW.
KP Energy will be responsible for providing a range of services, including engineering, procurement, construction, and commissioning (EPCC) for the project.
The project is scheduled to be completed in 2024-25.
Catch all market action in our live blogIn September, the company successfully commissioned a further 10.5 MW (Phase-V) ISTS-connected wind power project comprising five wind turbine generators of 2.1 MW each at Sidhpur in Gujarat’s Devbhoomi Dwarka district.
It is a part of the 250.8MW ISTS-connected wind-power project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI). KP Energy is developing the project for Apraava Energy as a contractor.
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