KP Energy shares jump 4% on bagging order from Aditya Birla Renewable Energy

KP Energy shares jump 4% on bagging order from Aditya Birla Renewable Energy

The project includes the installation of 11 number of Suzlon make wind operated electricity generator (commonly also referred as wind mill or WTG) each of model S120 having a rated capacity of 2100 kW

KP Energy

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KP Energy share price rose more than 4 percent intraday on October 12 after the company received a new order from Aditya Birla Renewable Energy Limited.

The order is for the development of a 23.1 MW wind capacity forming part of the wind-solar hybrid power project (comprising 23.1MW wind and 11MW Solar) to be connected to the existing 140MW power evacuation facility at Fulsar PSS.

The project includes the installation of a Suzlon-made wind-operated electricity generator (commonly also referred to as windmill or WTG) each of model S120 having a rated capacity of 2100 kW.

KP Energy will be responsible for providing a range of services, including engineering, procurement, construction, and commissioning (EPCC) for the project.

The project is scheduled to be completed in 2024-25.

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In September, the company successfully commissioned a further 10.5 MW (Phase-V) ISTS-connected wind power project comprising five wind turbine generators of 2.1 MW each at Sidhpur in Gujarat’s Devbhoomi Dwarka district.

It is a part of the 250.8MW ISTS-connected wind-power project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI). KP Energy is developing the project for Apraava Energy as a contractor.

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