KPI Green Energy secures 150 MW Wind Power Projects from GUVNL
The reverse e-auction for this tender was conducted on April 22, 2025. Out of the total 250 MW capacity tendered—with a greenshoe option for an additional 250 MW—KPI Green emerged as the winning bidder for 150 MW. The project will be executed upon receiving approval from the Gujarat Electricity Regulatory Commission (GERC), following which a Power Purchase Agreement (PPA) will be signed with GUVNL.
This order significantly supports KPI Green Energy's strategic vision of achieving 10 GW renewable energy capacity by 2030. It also reinforces the company's growing presence in India's green energy sector, showcasing its technical strength and long-term commitment to clean power.
GUVNL, a domestic entity, awarded the LOI under standard terms outlined in the RfS. KPI Green has confirmed that this order does not involve any related party transactions or promoter group interests.
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 BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
7 hours ago
- Business Upturn
Nifty 50 top losers today, July 17: Tech Mahindra, IndusInd Bank, Infosys, Wipro, SBI Life and more
By Aman Shukla Published on July 17, 2025, 15:40 IST Indian stock markets ended lower on July 17, 2025, with both benchmark indices slipping into the red. The Nifty 50 closed at 25,111.45, down 100.60 points or 0.40%, while the BSE Sensex dropped 375.24 points or 0.45% to settle at 82,259.24. Several Nifty 50 heavyweights witnessed notable declines. Among the biggest losers of the day were well-known names such as Tech Mahindra, IndusInd Bank and Infosys. Let's take a closer look at the top losers of the Nifty 50, according to Trendlyne. Nifty 50 top losers on July 17 Tech Mahindra fell 2.7% , closing at ₹1,564.2 — the biggest loser of the day. IndusInd Bank dropped 1.9% , ending at ₹863. Infosys declined 1.7% , finishing at ₹1,581. Wipro slipped 1.5% , closing at ₹258.8. SBI Life Insurance fell 1.5% , ending at ₹1,802.4. HCL Technologies was down 1.2% , closing at ₹1,544.2. Eternal dropped 1.0% , finishing at ₹259.8. Tata Consultancy Services declined 0.8% , closing at ₹3,207.7. Larsen & Toubro slipped 0.7% , ending at ₹3,478.6. Axis Bank was down 0.6%, closing at ₹1,161. 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. Ahmedabad Plane Crash IndusInd bankInfosysSBI LifeStock MarketTech MahindraWipro 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 Upturn
7 hours ago
- Business Upturn
Nifty top gainers today, July 17: Tata Consumer Products, Tata Steel, Hindalco Industries, Mahindra and more
By Aman Shukla Published on July 17, 2025, 15:36 IST Indian benchmark indices ended in the red on July 17, 2025, with the Nifty 50 settling at 25,111.45, down 100.60 points or 0.40%, and the BSE Sensex losing 375.24 points or 0.45% to close at 82,259.24. Despite the broader market weakness, several heavyweight stocks from the Nifty 50 index managed to buck the trend and closed with decent gains. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on July 17 Tata Consumer Products closed at ₹1105, up 2.2%. Tata Steel ended at ₹160, gaining 1.7%. Hindalco Industries finished at ₹672, up 0.8%. Mahindra & Mahindra settled at ₹3215, up 0.6%. Trent closed at ₹5413, adding 0.6%. Hero MotoCorp ended the day at ₹4448, up 0.5%. Tata Motors closed at ₹682.4, up 0.5%. Dr. Reddy's Laboratories finished at ₹1265, gaining 0.4%. Eicher Motors ended at ₹5650, up 0.4%. Oil and Natural Gas Corporation closed at ₹243.8, up 0.4%. 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. Ahmedabad Plane Crash Hindalco IndustriesMahindraTata Consumer ProductsTata Steel 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 Upturn
8 hours ago
- Business Upturn
Navkar Corp shares surge 10% after Q1 revenue rises 17% YoY to Rs 138 crore
Navkar Corporation shares jumped 10% after the company posted a strong turnaround in its Q1 FY26 financial results. As of 2:49 PM, the shares were trading 9.32% higher at Rs 124.65. The company reported a net profit of ₹2.45 crore, reversing a net loss of ₹13.07 crore in the same quarter last year, driven by higher revenue and improved cost efficiency. Revenue for the quarter ended June 30, 2025, rose 17% YoY to ₹138.14 crore, compared to ₹118.91 crore in Q1 FY25. This growth was supported by higher business volumes and improved operational performance. Navkar Corp's EBITDA surged to ₹20.1 crore, up sharply from ₹2 crore last year. The EBITDA margin expanded to 14.58% from just 1.75% in Q1 FY25, signaling strong operational improvements. 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. 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
