KPI Global secures orders totalling 1,091.25 KW

KPI Global Infrastructure has secured three orders totalling 1,091.25 KW for executing solar power project under Captive Power Producer (CPP) category. The company has received orders from three industrial customers namely, Shree Narayan Dyeing & Printing Mills, for 213.75KW capacity, Jaisal Silk Mills, for 337.5KW capacity and Himalaya Cotton Yarn, for 540.00KW, all located in Surat, Gujarat.

Earlier in February, KPI won order of 213.75KW Solar Power Plant under Captive Power Producer (CPP) from Govindam Knit Fab, Surat. In January, the company bagged 900KW Solar power project from Devika Fibers, Surat.

In Tuesday’s trading session the stock of KPI Global opened at Rs. 72.5 apiece as against its previous close of Rs. 70.75. The stock later dipped and touched intra-day low of Rs. 70.30 apiece. However, the stock settled for the day at Rs. 72 apiece, up by almost 1.8 per cent from its previous close.

KPI Global Infrastructure is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as a service provider to Captive Power Producer (CPP) customers.