KP Energy Limited, a prominent provider of Balance of Plant (BOP) solutions for wind and wind-solar hybrid projects, marked a historic milestone with its official listing on the National Stock Exchange (NSE). The move signifies the company’s expansion to a larger platform, underlining its commitment to driving sustainable growth and contributing to India’s renewable energy revolution.
The listing ceremony, held at SEICC’s Platinum Hall in Surat, drew a distinguished audience, including industry leaders, stakeholders, and investors. The event celebrated KP Energy’s journey since its inception in 2010 and highlighted its focus on innovation and sustainability.
Speaking on the occasion, Dr. Faruk G. Patel, Managing Director of KP Energy, stated, “This milestone is not just a financial achievement; it reflects our dedication to empowering India with clean, sustainable energy. It also emphasizes the confidence of our partners, investors, and the government in our mission to build a greener future.”
The company’s strong financial performance underscores its growth trajectory. For the first half of FY25, KP Energy reported a consolidated Profit After Tax (PAT) of ₹43.1 crore, an 84% increase year-over-year. With a robust project pipeline of nearly 2 GW, KP Energy is well-poised to address the increasing demand for renewable energy in India.
Mr. Affan Faruk Patel, Whole-Time Director of KP Energy, expressed gratitude to stakeholders during his address, saying, “This listing is a testament to our collective commitment to innovation and sustainability. We are honoured by the trust of our investors and partners, and we pledge to deliver on our promises, fostering growth and creating lasting value.”
KP Energy’s portfolio includes over 866 MW of energized renewable energy projects and more than 520 MW under its operations and maintenance (O&M) services. The company is also advancing technology adoption, such as LIDAR systems and a centralized Network Operations Center (NOC), to enhance the performance and reliability of its assets.
As it embarks on this new phase, KP Energy is set to play a pivotal role in India’s transition to renewable energy, aligning with the nation’s commitment to reducing carbon emissions and creating a sustainable energy ecosystem.
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