+
KPI Green Energy Bags Rs 6,210 Million NTPC Renewable Energy Order
POWER & RENEWABLE ENERGY

KPI Green Energy Bags Rs 6,210 Million NTPC Renewable Energy Order

KPI Green Energy has secured an order from NTPC Renewable Energy valued at Rs 6,210 million (Rs 6,210 mn), the company said. The contract was confirmed in a regulatory filing and forms part of the company order intake for the current financial period. KPI Green Energy is a renewable energy developer and engineering, procurement and construction contractor listed in India.

The order covers development services and project execution for renewable energy assets and will be integrated into the firm project schedule, the filing added. The scope includes engineering, procurement and construction and associated project management activities to meet the client requirements. The company noted that work will commence as per the agreed timelines and project milestones.

The company said the order will be added to its order book and will bolster revenue visibility for the coming quarters. Management indicated that the contract aligns with the company strategic priorities to expand its portfolio in the renewable segment and to strengthen long term execution capabilities. The company added that revenue will be recognised in line with applicable accounting norms as project milestones are achieved.

NTPC Renewable Energy is the renewable arm of a state owned power producer and invests in wind and solar projects across the country. The transaction underscores ongoing investment flows into the clean energy sector and provides KPI Green Energy with a medium sized contract to support its operational plans. Market participants will refer to subsequent exchange filings for specifics on milestone dates and revenue recognition.

KPI Green Energy has secured an order from NTPC Renewable Energy valued at Rs 6,210 million (Rs 6,210 mn), the company said. The contract was confirmed in a regulatory filing and forms part of the company order intake for the current financial period. KPI Green Energy is a renewable energy developer and engineering, procurement and construction contractor listed in India. The order covers development services and project execution for renewable energy assets and will be integrated into the firm project schedule, the filing added. The scope includes engineering, procurement and construction and associated project management activities to meet the client requirements. The company noted that work will commence as per the agreed timelines and project milestones. The company said the order will be added to its order book and will bolster revenue visibility for the coming quarters. Management indicated that the contract aligns with the company strategic priorities to expand its portfolio in the renewable segment and to strengthen long term execution capabilities. The company added that revenue will be recognised in line with applicable accounting norms as project milestones are achieved. NTPC Renewable Energy is the renewable arm of a state owned power producer and invests in wind and solar projects across the country. The transaction underscores ongoing investment flows into the clean energy sector and provides KPI Green Energy with a medium sized contract to support its operational plans. Market participants will refer to subsequent exchange filings for specifics on milestone dates and revenue recognition.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code