KPI Green Energy Shares Rise 2.46% as SBI Sanctions ₹3,200 Crore for 1+ GWp Gujarat Projects

Mumbai, 25 September 2025: KPI Green Energy Limited (NSE: KPIGREEN, BSE: 542323) shares rose 2.46% to ₹476.65 in morning trade following the announcement that the company has secured a ₹3,200 crore sanction from the State Bank of India to fund large-scale solar and hybrid Independent Power Producer (IPP) projects in Gujarat.

Founded in 1994, KPI Green Energy Limited, part of the KP Group, operates in solar and wind power generation. Listed on NSE and BSE under the power generation sector, the company has rapidly grown to become one of India’s fastest-growing green energy companies, delivering large-scale renewable energy solutions across the country.

₹3,200 Crore SBI Sanction to Fund Over 1 GWp Renewable Capacity in Gujarat

The sanctioned amount will part-finance two major projects under KPI Green Energy’s IPP portfolio: a 250 MW solar project and a 370 MW hybrid project, comprising 557 MWp solar and 124.20 MW wind, aggregating over 1 GWp capacity. Both projects are backed by 25-year long-term Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL), providing predictable cash flows and long-term operational stability.

Market Performance Highlights: KPI Green Energy Shares Respond to SBI Funding

At 10:56 am IST, KPI Green Energy shares were trading at ₹476.65, up ₹11.45 (2.46%) from the previous close of ₹465.20. The stock opened at ₹474.80, hit an intraday high of ₹488.70, and a low of ₹471.05. The company’s market capitalisation stands at ₹9.41K crore, with a P/E ratio of 27.03 and a dividend yield of 0.14%. The 52-week high is ₹604.87, while the 52-week low is ₹313.40.

Robust buying interest was observed, reinforcing market recognition of the strategic financing deal.

Strategic Outlook: KPI Green Energy’s Projects to Drive 10 GW Renewable Target by 2030

The projects will follow a 75:25 debt-equity structure, covering project costs, reimbursement of expenses, and related development requirements. Once operational, they are expected to:

• Contribute significantly to KP Group’s 10 GW renewable energy target by 2030
• Reduce 1.5 million tonnes of CO₂ annually, equivalent to planting 65 million trees per year
• Strengthen recurring revenue visibility through long-term PPAs

This development positions KPI Green Energy as a major contributor to India’s renewable energy expansion and carbon reduction initiatives.

Management Statement Validates KPI Green Energy’s Growth Prospects

Dr. Faruk Patel, Chairman & Managing Director, said:

“This landmark sanction from the State Bank of India is a strong validation of KPI Green Energy’s capabilities and long-term vision. With over 1 GWp of new capacity being developed, we will significantly expand our operational portfolio, strengthen annuity income streams, and create long-term value for stakeholders.”

The ₹3,200 crore sanction from SBI reinforces KPI Green Energy’s capacity to execute large-scale renewable projects while ensuring long-term cash flow stability. These developments will support India’s renewable energy expansion and sustainability objectives, providing measurable contributions to carbon reduction and clean energy infrastructure growth.

REF: https://nsearchives.nseindia.com/corporate/KPIGLOBAL_25092025085847_26_KPI_INR3200Cr_Sanction_Press_Release_25092025_signed.pdf

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