KPI Green Energy Ltd Share Price – NSE  / BSE

Power Generation & Distribution, Small Cap

According to an exchange filing, the project will be executed on a full turnkey basis, covering design, engineering, procurement, construction and installation of the floating solar system. The scope also includes grid-connection infrastructure such as a 33 kV underground transmission line to the pooling station and 33/220 kV bays at the Kadana substation.

The project has an aggregate capacity of 142 MW (DC) / 110 MW (AC) and carries a total contract value of Rs 489.17 crore. It is scheduled for completion within 18 months and includes a comprehensive 10-year operation and maintenance (O&M) contract.

The company further stated that neither its promoters nor the promoter group have any interest in the awarding authority, and the transaction does not fall under related-party transaction norms.

KPI Green Energy develops, builds, owns, operates, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name of 'Solarism.'

The company reported a 56% increase in consolidated net profit to Rs 109.11 crore on a 76.4% jump in revenue from operations to Rs 634.30 crore in Q2 FY26 over Q2 FY25.

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KPI Green Energy has signed the contract agreements with SJVN for the execution of a 200 MW (AC) Solar Power Project at the GIPCL Renewable Energy Park, Khavda, Gujarat. This development represents a major advancement in KPI Green's expanding portfolio of utility-scale renewable energy projects.

The contract, aggregating to Rs 696.50 crore (excluding GST), reinforces KPI Green's position as a credible and trusted EPC partner for large-scale renewable projects. This achievement further strengthens the Company's presence in the solar EPC space and reflects the growing confidence of premier government entities in KPI Green's execution capabilities.

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KPI Green Energy announced that the Board of Directors of the Company at its meeting held on 7 November 2025, inter alia, have recommended the Second Interim dividend of Rs 0.25 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Net profit of KPI Green Energy rose 56.03% to Rs 109.11 crore in the quarter ended September 2025 as against Rs 69.93 crore during the previous quarter ended September 2024. Sales rose 76.35% to Rs 634.30 crore in the quarter ended September 2025 as against Rs 359.68 crore during the previous quarter ended September 2024.

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