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KP Green Engineering Secures ₹111.80 Crore Orders

Written by: Team Angel OneUpdated on: Feb 1, 2025, 3:12 PM IST
KP Green Engineering secured ₹111.80 crore worth of orders in January 2025, covering solar projects, substations, rooftop installations, and transmission towers.
KP Green Engineering Secures ₹111.80 Crore Orders
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KP Green Engineering has announced new orders worth ₹111.80 crore from multiple clients in January 2025. These contracts span across various segments, including solar projects, pooling substations, solar rooftop installations, and transmission towers. The company aims to complete most of these orders by the end of the current financial year, March 31, 2025.

Major Solar Project Orders

A significant portion of the new contracts comprises solar-related projects, amounting to ₹59.60 crore. These include fixed tilt module mounting structures, tracker-type module mounting structures, and structure parts. This expansion in solar infrastructure highlights KP Green Engineering’s continued commitment to renewable energy solutions.

Additionally, the company has secured orders for pooling substations worth ₹36 crore. Pooling substations are critical in integrating renewable energy into the grid, enabling efficient power transmission from multiple solar installations to the main network.

Diverse Contracts Strengthening Market Position

Apart from solar projects, KP Green Engineering received orders for solar rooftop projects valued at ₹8.7 crore. These installations contribute to the decentralisation of energy production and promote sustainable power generation.

The company also secured contracts worth ₹7.5 crore for transmission towers, further enhancing its role in strengthening the power transmission infrastructure. These diverse projects underscore KP Green Engineering’s expanding market presence across multiple segments.

KP Green Share Performance

As of February 01, 2025, at 9:20 AM, shares of KP Green are trading at ₹509.65 per share, reflecting a surge of 4.20% from the previous day’s closing price. Over the past month, the stock has registered a decline of 8.06% and over the last year it has surged by 142.69%. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 1, 2025, 3:12 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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