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Shares of KPI Green Energy were locked in the 10-per cent upper circuit at Rs 1,823.80, hitting a new high on the BSE in Wednesday's intraday trade, after the company announced that it has received a new order of 5 MW solar power plant under Captive Power Producer (CPP) segment.
KPIG Energia Private Limited, a wholly owned subsidiary of the company, shall develop the projects. These are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order, the company said.
Average trading volumes on the counter jumped four-fold with a combined 593,215 equity
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