KPI Green Energy Ltd was gaining attention on Monday. On December 23, 2024, KPI Green Energy share price opened at ₹819.00, up from its previous close of ₹802.05. At 11:10 AM, the share price of KPI Green Energy was trading at ₹805.70, up by 0.46% on the NSE. The market cap of the company was at ₹10,575.65 crore.
KPI Green Energy has recently entered into a significant partnership with the Government of Rajasthan by signing a Memorandum of Understanding (MoU) for the development of Hybrid, Solar, and Wind Power Projects in Jaisalmer (Ramgarh), Rajasthan.
Under this MoU, the Government will assist KPI Green Energy in obtaining the necessary permissions and clearances from relevant departments in line with the state’s policies and regulations. This collaboration highlights the company’s commitment to advancing the renewable energy sector and furthering its vision of a sustainable, clean energy future.
Additionally, KPI Green Energy has announced the Record Date for the issuance of Bonus Equity Shares. The company will issue one bonus share of ₹5 each for every two existing shares of ₹5 each, subject to the approval of shareholders. The Record Date for this purpose has been set for January 3, 2025.
KPI Green Energy Ltd, part of KP Group, develops, builds, and manages renewable power facilities, including solar and wind hybrid projects, under the ‘Solarism’ brand.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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