
Emmvee secures ₹1,500 crore solar module order from KPI Green Energy
New Delhi: Emmvee, a domestic solar module and cell manufacturer, has received an order worth nearly ₹1,500 crore from
KPI Green Energy
Ltd., part of the KP Group, for the supply of high-efficiency
TopCon bifacial solar modules
.
The modules will be manufactured at Emmvee's facilities located in Dabaspet and Sulibele in Karnataka and will be deployed for an upcoming
solar project in Gujarat
.
'This new order from KPI Green Energy underscores our commitment to quality, strong execution capabilities, and the relationship capital we've built with long-standing partners in the industry,' said Manjunatha D.V., Founder and Managing Director, Emmvee.
According to the company, Emmvee has a module production capacity of approximately 7.8 GWp and a cell production capacity of approximately 2.94 GWp.
Dr. Faruk G. Patel, Chairman and Managing Director of KPI Green Energy, said, 'Our ongoing partnership with Emmvee is built on trust, performance, and a shared vision for a greener India. Their consistent quality and execution make them a vital ally in our sustainable energy journey.'
The companies have been collaborating since 2021, and the new agreement further builds on their existing relationship. The deployment of the TopCon bifacial modules is part of KPI Green Energy's planned project in Gujarat.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
11 hours ago
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 25 June 2025
Buy or sell stocks: The Indian stock market witnessed strong buying in the first half of Tuesday's session. However, after reports of Iran's ceasefire violation, Dalal Street indices pared most of their gains and ended flat. The Nifty 50 index finished 72 points higher at 25,044, the BSE Sensex ended 158 points higher at 82,055, and the Bank Nifty index gained 402 points and closed at 56,461. Leading the charge among the top performers on the Nifty were Adani Ports, JIOFIN, and Shriram Finance. Conversely, ONGC, Power Grid, and IndusInd Bank ended the session as major losers. Trading volumes on the NSE cash market were sharply higher by 23% compared to yesterday, indicating significant activity amidst the volatility. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market is following the Israel-Iran news. The Prabhudas Lilladher expert said the Nifty 50 is still above 25,000, which signals positive sentiments with a cautious approach on Dalal Street. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index indicated a strong opening session and touched the 25,300 zone but fizzled out in the second half with the bias and sentiment still precariously placed amid the geo-political tensions looming around. The index would need clarity and conviction for the upward move, and a decisive breach above the 25,250 zones is needed to trigger a further fresh upward move in the coming days. On the downside, as mentioned earlier, the 50-EMA level at the 24,500 zone would be the crucial support." "The Bank Nifty index once again moved past the 56,200 zone to hit the high level at 56,860 zone but could not sustain for long with profit booking seen and ended near the 56,500 level with more conviction and stability awaited. The index needs to sustain above the near-term support of 55,400 level to maintain the bias intact, and on the upside, a decisive breach above the 57,000 zone shall trigger a fresh upward move in the coming days," said Parekh. Parekh said that support for Nifty today is placed at 24,800, while the resistance is at 25,250. The Bank Nifty would have a daily range of 56,000 to 57,000. Regarding stocks to buy today, Vaishali Parekh recommended buying these three buy-or-sell stocks: KPI Green Energy, DCW, and Ashoka Buildcon. 1] KPI Green Energy: Buy at ₹ 493, Target ₹ 515, Stop Loss ₹ 482; 2] DCW: Buy at ₹ 75.90, Target ₹ 79, Stop Loss ₹ 74; and 3] Ashoka Buildcon: Buy at ₹ 207.20, Target ₹ 217, Stop Loss ₹ 203. 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 Standard
a day ago
- Business Standard
Emmvee bags ₹1,500 cr order from KPI Green Energy for solar module supply
Emmvee on Tuesday said it has bagged an order worth nearly Rs 1,500 crore from KPI Green Energy to supply TopCon bifacial solar modules for an upcoming project in Gujarat. Modules will be manufactured at Emmvee's facilities in Dabaspet and Sulibele, Karnataka, and deployed for an upcoming solar project in Gujarat, a company statement said. According to the statement, Emmvee, one of the leading Indian solar module and cell manufacturers, has bagged a nearly Rs 1,500 crore order from KPI Green Energy Ltd, part of the KP Group, to supply high-efficiency TopCon bifacial solar modules. The continued association reflects the market's confidence in Emmvee's technological leadership and delivery excellence, the statement said. "This new order from KPI Green Energy underscores our commitment to quality, strong execution capabilities, and the relationship capital we've built with long-standing partners in the industry," said Manjunatha DV, founder and Managing Director, Emmvee. This large-scale order strengthens Emmvee's role as a trusted partner in India's clean energy transition. Building on its long-standing collaboration with KPI Green Energy since 2021, this new order reflects the brand reputation, market confidence, and trust that Emmvee enjoys in the sector. Faruk G Patel, Chairman and Managing Director of KPI Green Energy, said: "Our ongoing partnership with Emmvee is built on trust, performance, and a shared vision for a greener India. Their consistent quality and execution make them a vital ally in our sustainable energy journey". With a module production capacity of approximately 7.8 GWp and cell production capacity of about 2.94 GWp, Emmvee continues to expand its presence domestically and globally, strengthening India's position as a clean energy manufacturing hub. Headquartered in Bengaluru, Emmvee serves customers across Asia, Europe, Africa, and North America.


Time of India
a day ago
- Time of India
Emmvee secures ₹1,500 crore solar module order from KPI Green Energy
New Delhi: Emmvee, a domestic solar module and cell manufacturer, has received an order worth nearly ₹1,500 crore from KPI Green Energy Ltd., part of the KP Group, for the supply of high-efficiency TopCon bifacial solar modules . The modules will be manufactured at Emmvee's facilities located in Dabaspet and Sulibele in Karnataka and will be deployed for an upcoming solar project in Gujarat . 'This new order from KPI Green Energy underscores our commitment to quality, strong execution capabilities, and the relationship capital we've built with long-standing partners in the industry,' said Manjunatha D.V., Founder and Managing Director, Emmvee. According to the company, Emmvee has a module production capacity of approximately 7.8 GWp and a cell production capacity of approximately 2.94 GWp. Dr. Faruk G. Patel, Chairman and Managing Director of KPI Green Energy, said, 'Our ongoing partnership with Emmvee is built on trust, performance, and a shared vision for a greener India. Their consistent quality and execution make them a vital ally in our sustainable energy journey.' The companies have been collaborating since 2021, and the new agreement further builds on their existing relationship. The deployment of the TopCon bifacial modules is part of KPI Green Energy's planned project in Gujarat.