- KPI Green Energy Limited is a prominent renewable energy company in Gujarat, India.
- They operate as an Independent Power Producer (IPP) and Captive Power Producer (CPP) under the brand 'Solarism.'
- The company has a cumulative capacity of 346+ MW till H1FY24, with a power evacuation capacity of 1205+ MW.
- They have a land bank of 1670+ acres, owned and leased, for future expansion.
- Ambitious target: 1000 MW by 2025.
- Market capitalization as of October 7, 2023, is 3266+ Cr.
- The company follows a mission to accelerate renewable technology adoption and a vision to 'Powering India by the power of nature.'
- Their values include ethics, transparency, environmentalism, equal opportunity, and respect for diversity.
- Geographical presence: 25 sites in Gujarat, including districts Bharuch, Bhavnagar, and Kutch.
- H1FY24 financial highlights: Total revenue 406+ Cr, Total PAT 68+ Cr.
- Their performance highlights include a strong order book and continuous growth in revenue and net profit.
- They have a strong focus on technological advancement, including SAP for project management and innovative solar panel technology.
- Ventured into the hybrid model of solar and wind energy for improved grid stability and cost efficiency.
- Growth strategy includes meeting the increasing demand for renewable energy, strategic land acquisition, transparency, timely project execution, and expansion into the hybrid segment.
- Promoter shareholding is 54.81%, and public shareholding is 45.19%.