KPI Green Energy Ltd. has announced that it has received a new order for a 100 MW Hybrid Captive Solar Power Project under the Captive Power Producer (CPP) segment.

The firm got an order from Aether Industries and the projects will be carried out in several tranches in the fiscal year 2025, according to the terms of the order.

KPI Green has not disclosed the financial details of the order win in the exchange filing.

Shares of KPI Green Energy remain stuck in a 5% lower circuit at ₹1,016.8, despite this order win. This year, the stock’s value has doubled after rising 113%.

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