11 Mar 2024
K.P. Energy Limited, a multibagger stock in the booming green energy sector, jumped 3% today after bagging a massive wind power project in Gujarat!
This follows a stellar year for the company, with its share price surging a whopping 590% in just 12 months!
Details of the whopper project:
Project Size: A colossal 368.55 MW wind power project!
Client: Aditya Birla Renewables Subsidiary Limited and ABREL (RJ) Projects Limited.
Location: The sunny state of Gujarat, India. ☀️
Scope of Work: K.P. Energy will be the one-stop shop for the project, handling Engineering, Procurement, Construction, and Commissioning (EPCC). This includes everything from land acquisition and design to construction, installation, and even securing permits. ️
What this win means for K.P. Energy:
Strong Order Book: This project further strengthens K.P. Energy's already impressive order book, solidifying their position as a major player in the wind energy space.
Revenue Boost: The company's revenue has already witnessed a stellar 73% jump in FY23, and this project is likely to propel it even further. ⬆️
Green Giant: This win reinforces K.P. Energy's commitment to clean energy solutions, making them a frontrunner in the fight against climate change.
Looking for a piece of the green energy pie? Keep an eye on K.P. Energy! They're definitely a company to watch in the booming renewable energy market.