KPI Green Energy jumps after securing 2.72-biliion-rupee funding for power project

KPI Green Energy

19/03/2025 07:14

** Shares of KPI Green Energy KPIG.NS rise as much as 5% to 402.15 rupees

** Renewable energy co says it has got final sanction

letter from NaBFID for financial assistance worth 2.72 bln rupees ($31.4 mln)

** Adds, this credit is for part financing of 50MW hybrid power project in Gujarat

** Stock on track for third consecutive session of gains

** Stock last up 3.9%, cutting YTD losses to 26.8%

($1 = 86.5010 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))