Latest news with #KPIGreenEnergy
Mint
4 days ago
- Business
- Mint
KPI Green receives an order for a 36.87 MW solar power project order: Check for the execution deadline and other details
Stock Market Today: KPI Green has been awarded a Letter of Award or Intent for the development of a 36.87 MW solar power project. Here are the project execution deadline and other details KPI Green Energy Ltd. announced on the exchanges that it received a large solar power project order. In its intimation to the National Stock Exchange and the BSE, or the Bombay Stock Exchange, KPI Green Energy said that M/s. Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has been awarded Letters of Award or Intent for the development of solar power projects with a cumulative capacity of 36.87 MW under our Captive Power Producer (CPP) business segment. Among these, some projects, as per KPI Green Energy, will be developed in accordance with the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, as outlined in the Gujarat Renewable Energy Policy-2023 and GERC Tariff Order (No. 5 & 6) of 2024. Sun Drops Energia Private Limited, a subsidiary of the company, shall develop the projects as per the terms of the order for various clients under the Captive Power Producer (CPP) business segment of the company, including projects under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy under the Gujarat Renewable Energy Policy-2023 & GERC Tariff Order 2024. KPI Green tentative timeline or execution deadline for the project While the aggregate order size is 36.87 MW, the projects are tentatively scheduled to be completed in the financial year 2025-26 in various tranches as per the terms of the orders. KPI Green Energy in the month of June had announced signing MoUs with Delta Electronics India Private Limited to power India's green energy transition. Delta Electronics India is a key provider of energy and power management solutions. Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters are the three high-impact domains covered by this partnership. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Upturn
4 days ago
- Business
- Business Upturn
KPI Green Energy's subsidiary secures 36.87 MW solar project orders
By Aman Shukla Published on June 19, 2025, 12:09 IST KPI Green Energy Limited has announced that its subsidiary, M/s Sun Drops Energia Private Limited, has secured Letters of Award/Intent for the development of solar power projects totaling 36.87 MW capacity. These projects fall under the Captive Power Producer (CPP) segment, showcasing the company's continued focus on sustainable energy generation. Some of the awarded projects will be implemented under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, part of the Gujarat Renewable Energy Policy-2023 and governed by the GERC Tariff Order Nos. 5 and 6 of 2024. This highlights KPI Green Energy's strategic alignment with state-level renewable energy initiatives. The contracts have been awarded by various domestic clients, with execution planned across the financial year 2025-26 in multiple tranches. Sun Drops Energia will carry out project development in line with the terms outlined in the respective orders. This achievement underlines KPI Green Energy's growing presence in the captive solar power space and reflects the trust of its clients in its execution capabilities. Importantly, there are no related-party transactions involved in these deals, ensuring full compliance and transparency. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
06-06-2025
- Business
- Business Standard
KPI Green gains after arm inks three strategic MoUs with Delta Electronics
KPI Green Energy rose 2.21% to Rs 514.35 after its parent company, KP Group, signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics to bolster India's clean energy ecosystem. The collaboration focuses on battery energy storage systems (BESS), green hydrogen, EV charging infrastructure, and a 1 GW solar inverter supply. The first MoU centers on the development of scalable BESS projects. KP Group will lead project development and site integration, while Delta will provide critical components such as inverters and energy management systems. The partnership aims to deliver energy storage projects across India and explore global markets. The second MoU targets the green mobility sector. KP Group will establish green hydrogen production units powered by renewable energy, while Delta will supply hydrogen compression and EV charging technologies. The two firms will jointly develop hydrogen refueling and EV charging stations pan-India, with Delta offering AC and DC fast chargers, along with monitoring and billing platforms. Under the third MoU, Delta will supply nearly 1 GW of solar PV inverters over the next year for KP Groups upcoming solar projects. These inverters will support standalone and hybrid (solar + storage) systems with features like high efficiency, remote diagnostics, and grid support functionalities. The companies will also collaborate on post-installation services, including training, preventive maintenance, and spare part supply. Joint workshops are planned to ensure KP Group stays aligned with Deltas latest technological advancements. Niranjan Nayak, MD, Delta Electronics India, said, Our collaboration with KP Group is a bold step toward building a cleaner, smarter mobility ecosystem. With this 1 GW inverter partnership and extended collaboration on BESS and green hydrogen, we are committed to delivering best-in-class technology and lifecycle support. Faruk Patel, CMD, KP Group, added, This partnership goes beyond product supplywere co-creating innovative solutions for Indias energy independence. Whether solar, storage, or hydrogen, we aim to shape a cleaner, more sustainable tomorrow. KPI Green Energy develops, builds, owns, operates, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name of 'Solarism.' The company's consolidated net profit surged 142% to Rs 104.18 crore on 97% rise in total income to Rs 577.80 crore in Q4 FY25 over Q4 FY24.
Business Upturn
06-06-2025
- Business
- Business Upturn
KPI Green Energy shares surge over 4% on strategic MOUs with Delta Electronics
KPI Green Energy shares rose over 4% in early trade after its parent company, KP Group, signed three strategic Memoranda of Understanding (MOUs) with Delta Electronics India, a key player in power and energy management solutions. As of 11:33 AM, the shares were trading 3.69% higter at Rs 522.05. The MOUs focus on three critical clean energy areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters. This partnership is expected to significantly enhance India's energy transition capabilities by accelerating the deployment of sustainable and scalable energy solutions. The agreements were officially signed by Mr. Niranjan Nayak, Managing Director of Delta Electronics India, and Dr. Faruk Patel, Chairman and Managing Director of KP Group. The collaboration is positioned to support India's net-zero ambitions and foster innovation in next-generation energy infrastructure. KP Group and Delta Electronics India have a long-standing relationship, and the new MOUs aim to deepen their cooperation. The partnership provides a structured framework for co-developing advanced renewable energy systems and clean technologies, potentially opening new business avenues for KPI Green Energy. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
20-05-2025
- Business
- Yahoo
KPI Green Energy Ltd (BOM:542323) Q4 2025 Earnings Call Highlights: Record Revenue Surge and ...
Q4 Revenue: INR 577.80 crores, up 97% year-on-year from INR 292.97 crores. Q4 EBITDA: INR 169.43 crores, a 76% increase. Q4 Profit Before Tax (PBT): INR 138.70 crores, up 131%. Q4 Profit After Tax (PAT): INR 104.18 crores, a 142% increase. Full Year Revenue: INR 1,755.16 crores, up 70.3% from INR 1,030.82 crores. Full Year EBITDA: INR 580.87 crores, a 69.1% increase. Full Year Profit Before Tax (PBT): INR 440.90 crores, up 103%. Full Year Profit After Tax (PAT): INR 325.28 crores, a 101% increase. Institutional Placement: Raised INR 1,000 crores, including investors like Morgan Stanley and Goldman Sachs. Credit Rating: Upgraded to ICRA A positive. Major Contracts: Secured EPC contracts of 300 MW AC from Coal India Limited and 100 MW AC from MAHAGENCO. Fleet Availability: Improved to 98.5% through advanced network operations. Warning! GuruFocus has detected 6 Warning Signs with BOM:542323. Release Date: May 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. KPI Green Energy Ltd (BOM:542323) reported a record revenue of INR577.80 crores for Q4 FY25, marking a 97% year-on-year increase. The company achieved a significant rise in profit after tax (PAT), which climbed 142% to INR104.18 crores. KPI Green Energy Ltd successfully raised INR1,000 crores through qualified institutional placement, enhancing its credit profile. The company secured a landmark EPC contract of 300 megawatts AC from Coal India Limited and 100 megawatts AC from MAHAGENCO. KPI Green Energy Ltd advanced its technology with 24/7 monitoring and predictive maintenance, achieving a fleet availability of 98.5%. The company's EBITDA margin is under pressure due to the mix of IPP and CPP projects, with CPP margins being lower. There is a concern about the declining return on capital employed (ROCE) and return on equity (ROE) due to increased net worth from equity infusion. The company faces challenges in maintaining high margins as it scales its IPP portfolio, which is capital-intensive. There are concerns about the potential impact on EPS if further equity is raised to fund growth. The company has experienced order cancellations, such as the 66-megawatt order from Sai Bandhan, due to customer funding issues. Q: How do you expect the overall margin profile to change as your IPP portfolio scales over 1.5 gigawatts, and how will the shift in business impact consolidated margins in FY26 and '27? A: Salim Yahoo, CFO: As we increase our IPP capacity to 1.5 gigawatts, we aim to have IPP contribute 25% to our portfolio. IPP typically offers higher EBITDA margins of 85% to 90%, compared to CPP's 20% to 22%. This shift will likely improve our consolidated margins, although the exact impact will depend on the balance between IPP and CPP additions. Q: Given the growth via equity liquidation or debt raising, how do you address concerns about declining ROCE and ROE? A: Salim Yahoo, CFO: The decrease in ROCE and ROE is due to increased net worth from QIP, not performance decline. Our business is capital-intensive, requiring significant funds for long-term assets. We have reduced our debt-equity ratio from 0.5 to 0.33, indicating improved financial health. Growth requires capital infusion, particularly in IPP, which drives future profitability. Q: What is the guidance for next year's growth, and how will IPP contributions affect the bottom line? A: Salim Yahoo, CFO: We are committed to 60% to 70% year-on-year growth. The 1.5 gigawatts of IPP capacity will be operational in phases, with full revenue impact expected by FY27-28. As IPP contributions increase, we anticipate stronger EBITDA and PAT margins, maintaining a PAT margin of 17% to 19%. Q: How is KPI Green addressing the competitive intensity in the EPC segment, and what impact does this have on pricing and order acquisition? A: Salim Yahoo, CFO: With a competitor exiting the market, we have a strong order book of 2.2 gigawatts. Our decade-long experience in executing wind and solar projects allows us to bid competitively. We focus on execution capability and competitive pricing to secure new orders, despite ongoing competition. Q: What are the revenue expectations for the 1.76 gigawatts of CPP order book, and how will it be executed? A: Salim Yahoo, CFO: The 1.76 gigawatts CPP order book is expected to generate over INR3,000 crores in revenue. Most of this will be executed within the current year, with some portions extending into the next year. The order book includes projects with varying scopes, impacting revenue realization. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
