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 has secured the bid for a 100 MW solar project from MAHAGENCO, part of a 600 MW PV capacity tender. More on this story here.
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