India's KP Energy gains after MoU with Inox Wind for 2.5 GW wind projects

Inox Wind

19/11/2025 06:59

** Shares of KP Energy KPEN.NS rise 3.9% to 408.95 rupees, set to snap four session losing streak

** KPEN, which provides turnkey solutions for wind farm projects, entered into memorandum of understanding with Inox Wind INWN.NS

** Agreement to jointly develop 2.5 GW of wind projects

across multiple states in India

** KPEN to undertake project development activities and Inox Wind will supply wind turbine generators and associated equipment

** Trading vols at 1.3 mln shares so far, 4x the 30-day average

** KPEN down ~24% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))