India's KPI Green Energy up on signing power purchase agreement

KPI Green Energy

04/03/2024 06:07

** Shares of KPI Green Energy  KPIG.BO  rise as much as 4.5%
to 1,837 rupees
    ** Stock currently up 3.9%
    ** Co signs power purchase agreement for a 200MWAC
grid-connected solar photovoltaic power project
    ** Agreement includes a greenshoe option enabling the
addition of up to 800MW to the solar power generation capacity
    ** Stock on track for a fourth consecutive session of gains
if trend holds 
    ** Including sessions gains, stock up 85.7% so far this
year, compared with a 235.7% surge in 2023

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))