KP Energy

KP Energy was incorporated in 2010.{{Cite news |date=2024-04-22 |title=KP Energy Q4 Results: Net profit grows 60% to Rs 25 crore |url=https://economictimes.indiatimes.com/markets/stocks/earnings/kp-energy-q4-results-net-profit-grows-60-to-rs-25-crore/articleshow/109505941.cms?from=mdr |access-date= |work=The Economic Times |issn=0013-0389}} By 2012, it had secured an allotment of 56 lease spots for potential wind farms in Gujarat.{{Cite news |title=K.P. ENERGY LIMITED - Business Standard |url=https://bsmedia.business-standard.com/_media/bs/data/announcements/bse/05092020/edfe8b17-a4e3-48cb-a57a-7228ba5fd774.pdf |work=Business Standard}} Over time, the company expanded its operations through acquisitions and Joint Development Agreements (JDAs) with various partners to construct and manage power plants.{{Cite web |last= |first= |date=2023-10-31 |title=KPI Green Energy Vs KP Energy – Financials, Future Plans & More |url=https://tradebrains.in/kpi-green-energy-vs-kp-energy/ |access-date= |website=Trade Brains |language=en-US}} In 2015, the company transitioned to a public entity and rebranded as K.P. Energy Limited. In 2018, KP Energy announced an agreement with GE India to establish a 300-megawatt (MW) wind power project in Kutch, Gujarat.{{Cite web |last= |title=KP Energy and GE sign pact for 300 Mw wind power project in Gujarat - ET EnergyWorld |url=https://energy.economictimes.indiatimes.com/news/renewable/kp-energy-and-ge-sign-pact-for-300-mw-wind-power-project-in-gujarat/65010851 |access-date= |website=ETEnergyworld.com |language=en}}{{Cite web |date=2024-01-03 |title=KP Energy shares hit 52-week high on order win from Aditya Birla group firm - CNBC TV18 |url=https://www.cnbctv18.com/market/kp-energy-share-price-52-week-high-on-order-win-from-aditya-birla-group-firm-18705171.htm/ |access-date= |website=CNBCTV18 |language=en}}

In 2019, KP Energy formed a partnership with CLP India, a major foreign investor in the Indian power sector, to develop a 250.8 MW wind project in Dwarka, Gujarat. This project was secured by CLP India through tranche VIII auctions conducted by the Solar Energy Corporation of India (SECI). Earlier in June of the same year, CLP India and KP Energy had signed a Memorandum of Understanding (MoU) for the development of wind sites ranging from 50 MW to 300 MW.{{Cite news |date=September 28, 2019 |title=K.P. Energy collaborates with CLP India to develop 250.8 MW wind project at Sidhpur Site at Dwarka |url=https://www.business-standard.com/article/news-cm/k-p-energy-collaborates-with-clp-india-to-develop-250-8-mw-wind-project-at-sidhpur-site-at-dwarka-119092800584_1.html |work=Business-standard}}

In September 2022, the company entered into an agreement with Aditya Birla Renewables to develop wind projects in Bhungar and Fulsar, located in the Bhavnagar district of Gujarat.{{Cite web |last=Mishra |first=Arushi |date=2023-10-12 |title=KP Energy secures wind-solar hybrid project, shares rise |url=https://www.thehindubusinessline.com/markets/kp-energy-secures-wind-solar-hybrid-project-shares-rise/article67411181.ece |access-date= |website=BusinessLine |language=en}} The company owns 8.4MW of wind energy and has recently commissioned a 10MW solar power project.{{Cite web |last=Gohel |first=Ankit |date=2023-06-03 |title=World Environment Day: Top green energy stocks to watch for |url=https://www.livemint.com/market/stock-market-news/world-environment-day-adani-green-borosil-renewables-zodiac-energy-among-top-green-energy-stocks-to-look-at-11685782311897.html |access-date= |website=mint |language=en}}

KP Energy commissioned a new 10.5 MW (Phase-V) ISTS-connected wind power plant in Devbhumi Dwarka, Gujarat, consisting of five 2.1 MW wind turbine units.{{Cite news |date=September 28, 2023 |title=KP Energy gains 3% on commissioning of wind-power project in Gujarat |url=https://www.moneycontrol.com/news/business/stocks/kp-energy-gains-3-on-commissioning-of-wind-power-project-in-gujarat-11442761.html |work=Moneycontrol.com}}

The company's business is currently divided into three segments. The first segment is engineering, procurement, construction, and commissioning (EPCC). In this segment, the company is responsible for identifying optimal wind energy sites and preparing them for construction.{{Cite news |title=K P Energy share price - Livemint |url=https://www.livemint.com/market/market-stats/stocks-k-p-energy-share-price-nse-bse-s0000268 |work=Livemint}}

Apart from the EPCC business, the company owns 8.4MW of wind energy and has recently commissioned a 10MW solar power project.{{Cite web |date=2023-04-26 |title=KPI Green commissions 26.1-MW wind-solar hybrid power project in Gujarat’s Bhavnagar - CNBC TV18 |url=https://www.cnbctv18.com/business/companies/kpi-green-commissions-26-1-mw-wind-solar-hybrid-power-project-in-gujarat-bhavnagar-16501591.htm/ |access-date=2024-06-05 |website=CNBCTV18 |language=en}}{{Cite web |title=KP Energy Completes Transmission Line in Gujarat to Evacuate Wind Power - Mercom India |url=https://mercomindia.com/kp-energy-transmission-evacuate-wind-power |access-date=2024-06-05 |website=Mercomindia.com}}

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Category:Indian companies established in 2010

Category:Companies listed on the Bombay Stock Exchange