Introduction:
2 leading Green energy companies have signed an MoU with the Madhya Pradesh government to develop 1.8 GW of renewable energy projects, including solar, wind, hybrid, BESS, and biomass, reinforcing their commitment to sustainability and India’s clean energy transition.
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Share price movement of KP Green Engineering:
On February 25, 2025, KP Green Engineering Ltd opened at ₹440.00, up 0.50% from its previous close of ₹437.80. The stock reached a high of ₹446.00, a 1.87% rise, and a low of ₹425.05. By 4:00 PM, it traded at ₹427.95, with a market cap of ₹2,139.75 crore.
Share price movement of KPI Green Energy:
On February 25, 2025, KPI Green Energy Ltd opened at ₹392.25, down 0.44% from its previous close of ₹399.30. The stock reached a high of ₹405.50 (2.56%) and a low of ₹392.25. By 4:00 PM, it traded at ₹397.55, with a market cap of ₹7,827.39 crore.
KP Group Signs MoU with MP Govt for Renewable Energy Projects:
KP Group, through KP Green Engineering Limited and KPI Green Energy Limited, has signed a Memorandum of Understanding with the Government of Madhya Pradesh for renewable energy projects totaling 1.8 GW. The agreement was formalized at the Global Summit 2025 in Bhopal on February 24, 2025.
The projects will include solar, wind, hybrid, Battery Energy Storage Systems (BESS), and biomass-based solutions. This initiative strengthens KP Group’s commitment to sustainable energy and aligns with India’s renewable energy goals, supporting the country’s transition towards cleaner power generation.
The collaboration with Madhya Pradesh’s New and Renewable Energy Department underscores KP Group’s dedication to advancing clean energy solutions. These projects will play a crucial role in enhancing the state’s renewable infrastructure while promoting national-level sustainability objectives.
Recent news on KP Green Engineering:
As of February 07, 2025, KP Green Engineering Ltd has secured its first export order, delivering solar module mounting structures to a major U.S. solar firm. The ₹23.02 crore order is set for completion by March 2025.
Recent news on KPI Green Energy:
As of February 01, 2025, KPI Green Energy Ltd. secured a ₹1,311.40 crore deal with Coal India for a 300 MWAC solar project in Gujarat. Following the announcement, its stock surged 5% to ₹349.95, reflecting strong market confidence.
Ace investor holding in KP Green Engineering:
Kutir Navinchandra Patel
Kutir Navinchandra Patel holds 754,628 shares, representing a 1.13% stake in K P Energy Ltd., with a total worth of ₹30.3 crore. This investment highlights confidence in the company’s renewable energy business and its growth potential in the sector.
Ace investor holding in KPI Green Energy:
Irfanahmed Shahabuddin Mombasawala
Irfanahmed Shahabuddin Mombasawala holds 3,386,175 shares in KPI Green Energy Ltd, representing a 1.72% stake, valued at ₹89.8 crore. This significant investment highlights confidence in the company’s growth prospects.
Kutir Navinchandra Patel
Kutir Navinchandra Patel holds 1,325,806 shares, representing a 1.01% stake in KPI Green Energy Ltd., valued at ₹52.7 crore. This investment underscores confidence in the company’s renewable energy initiatives and its expansion in the solar power sector.
Stock performance of KP Green Engineering for Period of 1 week, 1 month, and 6 months:
KPI Green Energy Ltd. saw a 3.43% decline over the past week, despite gaining 9.37% in the last month. However, its six-month performance remains negative at -15.1%, indicating volatility in the stock amid changing market trends and business developments.
Stock performance of KPI Green Energy for Period of 1 week, 6 months and 1 year:
KP Green Engineering Ltd. (BSE: 544150) gained 0.80% over the past week but remains under pressure with a six-month decline of 34.2% and a one-year drop of 31.6%, reflecting ongoing challenges despite its strong presence in the steel fabrication industry.
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Shareholding pattern of KP Green Engineering:
| Particulars | Sep 2024 | Mar 2024 |
| Promoter | 66.60% | 66.60% |
| FII | 1.80% | 7.60% |
| DII | 0.50% | 1.70% |
| Public | 31.10% | 24.10% |
Shareholding pattern of KPI Green Energy:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 48.80% | 48.80% | 53.10% |
| FII | 8.80% | 10.00% | 6.10% |
| DII | 1.90% | 1.60% | 0.30% |
| Public | 40.50% | 39.80% | 40.50% |
About KP Green Engineering:
KP Green Engineering Ltd. (BSE: 544150), incorporated in July 2001, manufactures fabricated and hot-dip galvanized steel products. Its offerings include lattice towers, substation structures, solar module mounts, and crash barriers, catering to diverse industries with high-quality engineering solutions.
About KPI Green Energy:
KPI Green Energy Ltd. (NSE: KPIGREEN), incorporated in 2008, develops, owns, and manages renewable power projects, including solar and wind-solar hybrids. Operating under the ‘Solarism’ brand, it serves both Independent and Captive Power Producers, driving sustainable energy solutions.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
