KP Energy gets LoA from JK Paper

KP Energy has received a Letter of Award (LoA) from JK Paper Ltd for the development of a 91.4 MW Wind-Solar Hybrid Power Project in Gujarat.

The project is being executed on a complete turnkey basis, encompassing end-to-end activities including engineering, procurement, installation, and commissioning. It also includes the development of evacuation infrastructure, enabling grid connectivity, obtaining all necessary statutory and regulatory clearances, and providing operation & maintenance (O&M) services for the Balance of Plant (BoP) of the wind capacity and the complete installed capacity of the solar project.

The said award reflects the Company’s established execution capabilities in delivering integrated wind-solar hybrid projects and further strengthens its positioning in the renewable energy space, with enhanced execution visibility going forward.

At 2.55 pm, KP Energy was trading at Rs. 261.90, down by 4.87%, with a volume of 0.80 lakh shares on the BSE.