KPI Green Energy Ltd

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. Powered by Capital Market - Live

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.Powered by Capital Market - Live

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.Powered by Capital Market - Live

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. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales634.30359.68 76 OPM %35.5637.17 - PBDT189.36112.25 69 PBT157.7597.62 62 NP109.1169.93 56 Powered by Capital Market - Live

KPI Green Energy will hold a meeting of the Board of Directors of the Company on 7 November 2025.Powered by Capital Market - Live

KPI Green Energy has received charging/energization approval for 40.96 MW of Solar and Wind-Solar Hybrid power projects under our CPP business segment. These projects have been developed for esteemed client of KPI Green Energy and Sun Drops Energia, subsidiary of the Company. The charging approval has been received in the name of the respective clients.Powered by Capital Market - Live

KPI Green Energy has received three distinct Letters of Award (LOAs) from SJVN (A Government of India Enterprise) for a major 200 MW (AC) Solar Power Project at the GIPCL Renewable Energy Park, Khavda, Gujarat. The project encompasses a full-scope EPC (Engineering, Procurement, and Construction) package followed by a long-term Operation & Maintenance (O&M) contract. First Contract: Supply of all Plant and Equipment at site (Rs 486.89 crore) Second Contract: Erection, Testing, Commissioning, Civil & Structural Works (Rs 178.27 crore) Third Contract: Comprehensive Operation & Maintenance (Rs 31.34 crore) Powered by Capital Market - Live

KPI Green Energy has received the Category A Power Trading Licence from the Gujarat Electricity Regulatory Commission (GERC), enabling the company to trade electricity and optimise realisation by aligning power sales with demand curves for KP Group's 6+ GW renewable portfolio. 'This licence is a strategic milestone for us. It not only empowers KPI to participate directly in dynamic markets but also allows us to sell power when and where it's most needed'maximising realisations, expanding customer choice, and accelerating India's clean-energy transition,' said Dr. Faruk Patel, Chairman & Managing Director With this GERC approval, KPI Green Energy can now: 1. Tap directly into power exchanges and short-term bilateral markets, providing industrial and utility customers with flexible procurement options that adapt to their operational demand curves. 2. Offer verifiable green energy blocks that support both RE compliance and ambitious ESG objectives. 3. Enable transparent pricing through exchange-discovered rates and standardized contracts, making costs predictable and competitive for customers. 4. Support faster onboarding for open-access consumers, meeting short-term and transitional energy needs quickly and efficiently.Powered by Capital Market - Live

KPI Green Energy secures a sanction of Rs 3,200 crore from State Bank of India (PF&SBU), comprising both fund-based and non-fund based facilities, to part-finance the development of its 250 MW Solar Project and 370 MW Hybrid Project in Gujarat, together aggregating over 1 GWp of the Company's Independent Power Producer (IPP) portfolio. The sanctioned facilities will support two strategically significant renewable projects: 250 MW (AC) / 350 MWp (DC) Solar Power Project 370 MW Hybrid Power Project, comprising 557 MWp Solar portion and 124.20 MW Wind portion Both projects are secured by 25-year long-term Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) and are being developed in the Bharuch and Surendranagar districts of Gujarat. Powered by Capital Market - Live

KPI Green Energy has successfully listed its inaugural green bond worth Rs 670 crore on the National Stock Exchange of India. This marks a significant advancement for sustainable finance within the Indian renewables sector. The five-year bond, carrying an annual coupon rate of 8.50% with a quarterly amortisation profile, is supported by a 65% partial guarantee from GuarantCo , part of the Private Infrastructure Development Group, which is funded by the governments of the United Kingdom, Switzerland, Australia, Sweden, Netherlands, Canada and France. GuarantCo is rated AA− by Fitch and A1 by Moody's. This external credit enhancement has enabled AA+(CE) rating from both CRISIL and ICRA, broadening the investor base to include long-term domestic institutions such as infrastructure funds, mutual funds, and insurance companies. Bond proceeds will be used to expand KPI Green Energy's solar, wind, and hybrid project portfolio, across India. These new projects are expected to bring clean electricity to approximately 210,000 people and businesses each year, while avoiding more than 344,000 tonnes of carbon emissions annually. This step not only accelerates India's clean energy transition but also mobilizes Rs 670 crore of domestic institutional investment beyond conventional banking sources. KPI Green Energy has already developed 1 GW of renewable capacity and continues to advance towards its target of 10 GW by 2030. The company's sustained pipeline, exceeding 3 GW, places it among the country's frontrunners in renewable energy expansion.Powered by Capital Market - Live