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KP Green Engineering Ltd (KPGE), a key player in India’s renewable and infrastructure fabrication space, has secured new orders worth ₹523.1 million (₹52.31 crore)—further cementing its position as a one-stop solution provider in the green energy ecosystem. The orders span across solar, telecom, and power transmission segments, reflecting robust demand for the company’s galvanised and fabricated steel structures.
Key Highlights:
- Order Value: The cumulative value of the newly secured contracts stands at ₹52.31 crore, to be executed over the next 6–9 months.
- Segment Spread:
- Solar: Mounting structures for utility-scale and rooftop solar projects
- Telecom: Lattice towers and monopoles for 5G infrastructure
- Power: Transmission line towers and substation structures
- Execution Pipeline: The projects will be serviced from KPGE’s Dabhasa and Kural facilities, with additional capacity expected from the upcoming Matar plant in Bharuch, which will add 2.94 lakh MTPA of galvanising capacity.
- IPO Momentum: This order win follows KPGE’s blockbuster IPO in March 2024, which was oversubscribed 30x and raised ₹189.5 crore. The company is now deploying proceeds to expand manufacturing and diversify into high-mast poles, windmill towers, and pre-engineered buildings.
- Leadership Commentary: Management stated that the orders reflect “strong tailwinds in India’s green infrastructure push” and reaffirm KPGE’s commitment to delivering customised, high-quality solutions.
With this win, KP Green Engineering continues to galvanise India’s transition to sustainable infrastructure—one tower, pole, and solar frame at a time.
Source: BSE Filings, KP Green Engineering Annual Report, Economic Times
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