Latest news with #KPIGreenEnergyLimited
Business Upturn
20-05-2025
- Business
- Business Upturn
KPI Green Energy secures ISTS Connectivity for 642.6 MW wind project in Gujarat
By Aman Shukla Published on May 20, 2025, 13:46 IST KPI Green Energy Limited, through its wholly owned subsidiary Miyani Power Infra LLP, has received an in-principle grant of connectivity from the Central Transmission Utility of India Ltd. (CTUIL) for its 642.6 MW wind power project in Gujarat. This project is a part of the company's strategy to integrate large-scale renewable energy into the national power grid. The connectivity has been granted at the Jam Khambhaliya 400 kV substation in Gujarat. The project will be linked through a dedicated transmission line that shares the KPEL-Jam Khambhaliya PS 400kV single circuit line. This setup ensures compliance with the communication and technical standards laid out by the Central Electricity Regulatory Commission (CERC) and the Central Electricity Authority (CEA). The grant facilitates access to the Inter-State Transmission System (ISTS) under the General Network Access (GNA) Regulations, 2022. This access is key to ensuring that the generated wind power can be transmitted efficiently beyond state boundaries, enabling broader distribution and integration into the national grid. By connecting to the ISTS, KPI Green Energy aims to improve market accessibility, support open access mechanisms, and enable participation in power exchanges. The development also plays a role in enhancing transmission infrastructure while supporting India's renewable energy goals. 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
14-05-2025
- Business
- Business Upturn
KPI Green Energy Q4 Results: Revenue jumps 96% YoY to Rs 569.41 crore, Net profit rises 142% YoY
KPI Green Energy Limited reported a strong financial performance for the fourth quarter ended March 31, 2025, with net profit rising 142% year-on-year to ₹104.2 crore, compared to ₹43 crore in Q4 FY24. The surge in profitability was driven by a significant increase in revenues and operational efficiency. Total revenue for Q4 FY25 came in at ₹577.80 crore, almost doubling from ₹292.97 crore in the same period last year. Revenue from operations stood at ₹569.41 crore, up from ₹289.36 crore in Q4 FY24, led by a strong performance in the Captive Power Project segment, which contributed ₹504.08 crore during the quarter. Profit before tax rose to ₹138.70 crore in Q4 FY25, up from ₹60.05 crore a year ago. Total expenses during the quarter were ₹430.81 crore, primarily due to higher raw material and operational costs. For the full financial year FY25, KPI Green Energy reported a net profit of ₹325.28 crore, more than doubling from ₹161.66 crore in FY24. Total revenue for the year rose to ₹1,755.16 crore, compared to ₹1,030.82 crore in the previous financial year. The company's consistent growth in both quarterly and annual performance underscores its execution strength in renewable energy, especially in the solar and captive power space. 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. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
