This solar energy company gave great benefits to investors with multibagger returns of 2,400%, know the details.

This Solar Energy Company Gave Great Benefits to Investors with Multibagger Returns of 2,400%

K.P. Energy Limited’s subsidiary, KPI Green Energy Limited, has secured a significant order worth ₹1003.7 MW from Gujarat Urja Vikas Nigam Limited (GUVNL). This ambitious project is divided into three phases.

Order Details

The first phase will involve a hybrid project combining 70 MW of solar and 16.8 MW of wind power. The second phase will encompass an additional hybrid project with 518 MW of solar and 123.9 MW of wind power, while the third phase will focus solely on a 275 MW solar project.

K.P. Energy Limited Overview

As a frontrunner in India’s renewable energy sector, K.P. Energy specializes in wind and solar energy solutions. Their expertise in high-quality Wind Turbine Generators (WTG) and comprehensive wind farm solutions asserts their significant role in promoting sustainable growth.

Financial Performance

K.P. Energy boasts a market capitalization exceeding ₹4,000 crore, with a remarkable 3-year CAGR of 200%. Recent quarterly results indicate strong financial health, complemented by a generous return on equity (ROE) of 37% and return on capital employed (ROCE) of 41%. The company’s shares have yielded a staggering 2,400% return over three years, making it a prime investment opportunity in the renewable energy landscape.