KPI Green Energy has secured a 100 MW solar power project in Maharashtra State Power Generation Co’s (MAHAGENCO) tender, driving its stock up 5%. The project, part of a larger initiative for 600 MW PV capacity across multiple locations in Maharashtra, was awarded following the company’s participation under an EPC package. After receiving a letter of intent on March 15, 2024, KPI Green will execute the project following MAHAGENCO’s tender specifications. KPI Green Energy specializes in grid-connected solar power projects and the sale of generated power units.
MAHAGENCO awards 100 MW solar project to KPI
KPI Green Energy’s stock price surged 5% post securing the 100 MW MAHAGENCO bid. (Image Credit: KPI Green Energy).
Interested bidders must purchase the tender document, priced at ₹15,000 plus 12% GST. (Image Credit/Source: Kindel Media/Pexels)
The 50 MW solar project in The Gambia will also include a BESS to meet national energy consumption needs. (Image Credit/Source: Tornike Jibladze/Pixabay)
EWEC’s Zarraf Solar project in Al Dhafra will deliver 1.5 GW of renewable energy, powering 160,000 homes annually. (Image Source: EWEC)