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K P ENERGY LTD.

08 April 2025 | 12:00

Industry >> Project Consultancy/Turnkey

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ISIN No INE127T01021 BSE Code / NSE Code 539686 / KPEL Book Value (Rs.) 35.91 Face Value 5.00
Bookclosure 18/02/2025 52Week High 675 EPS 8.75 P/E 45.29
Market Cap. 2641.26 Cr. 52Week Low 341 P/BV / Div Yield (%) 11.03 / 0.14 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as K.P. Energy Pvt. Ltd. on January 08, 2010 under the Companies Act, 1956, with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli, bearing Registration Number 059169. The status of the Company was changed to public limited company and the name of the Company was changed to K.P. Energy Limited by a special resolution passed on April 10, 2015. A fresh Certificate of Incorporation consequent to the change of name was granted to the Company on May 11, 2015, by the Registrar of Companies, Ahmedabad, bearing CIN U40100GJ2010PLC059169. The Company's Registered Office is situated at A-1/2, Firdos Tower, Behind Fazal Shopping Centre, Adajan Patia, Surat - 395009, Gujarat, India. K.P. Energy Ltd provides complete solutions from concept till completion of the project life-cycle of a Wind Project. Activities covered are Siting of Wind-farms, Lands & Permits acquisition, EPCC (Engineering, Procurement, Construction & Commissioning) of Wind Project Infrastructure including power transmission and Operations & Maintenance of entire Balance of Plant of a Utility Scale Wind-farm. Business model of company is designed to bring scalability in wind sector by serving OEMs (Original Equipment Manufacturers) of Wind Turbines, IPPs (Independent Power Producers, Captive Users as well as Institutional Investment Programs. In addition to the Wind Power Project Development business,

MAJOR EVENTS :

2010

-Incorporation of the company as K.P. Energy Pvt. Ltd.

2012

-Allotted on lease 17 spots (1 hectare each) for Ratdi&Baradia Wind Farm Project from Government.

-Allotted on lease 18 spots (1 hectare each) for Matalpar Wind Farm Project from Government.

-Acquired land bearing survey no. 217-paiki-20 at Palitana, Village: Shevdiwadar for proposed substation to be owned and operated by KPEL w.r.t. the Matalpar Wind Farm Project.

-Allotted on lease 21 spots (1 hectare each) for Odedar Wind Farm Project from Government.

2013

-Allotted on lease 3 spots (1 hectare each) for Kuchdi Wind Farm Project from Government.

2014

-Executed 30 MW Joint Development agreement with Suzlon Energy Ltd. dated July 29, 2013 for Wind Farm at Ratdi.

-Acquired land bearing survey no. 308-paiki-4 at Porbander, Village: Baradia for proposed substation to be owned and operated by KPEL w.r.t the Ratdi & Baradia Wind Farm Project.

-Allotted on lease 9 spots (1 hectare each) for Matalpar Wind Farm Project from Government.

2015

-Executed 31.50 MW Joint Development agreement with Suzlon Energy Ltd. dated October 30, 2014 for Wind Farm at Khuchdi

-Executed 30 MW Joint Development agreement with Suzlon Energy Ltd. dated January 15, 2015 for Wind Farm at Matalpar.

-Acquired land bearing survey no. 427 at Porbander, Village: Degam for proposed substation to be owned and operated by KPEL w.r.t. the Kuchddi Wind Farm Project.

-Allotted on lease 21 spots (1 hectare each) for Kuchdi Wind Farm Project from Government. -Commissioned 27.30 MW Wind Power Projects from the Ratdi&Baradia Wind Farm at Porbander.

-K.P. Group was selected as India's Most Promising Brands - 2015 by World Consulting & Research Corporation.

2016

-Revised the joint development agreement with Suzlon Energy for the Mahua Site and Kuchddi to 50.40 MW each.

-Commissioned the entire 33.6 MW Wind Power Project at Ratdi and Baradia Wind Farm at Porbander.

-Conversion of the Company from Private Limited Company to a Public Limited Company on May 11, 2015.

-Obtained additional 4.20 MW Power evacuation and substation Permission increasing total from 163.60 to 167.20 MW out of the total of 291.90 MW.

-In process of commissioning 29.40MW Wind Power Project at Matalpar.

-Allotted on lease 8 spots (1 hectare each) for Miyani Wind Farm Project from Government.

-Allotted on lease 12 spots (1 hectare each) for Kuchdi Wind Farm Project from Government.

-Allotted on lease 22 spots(1 hectare each) for Mahua (Valdi) Wind Farm Project from Government.

2017 -The Company has issued Bonus Shares in the Ratio of 1.5:1.

2018 -The Company has issued Bonus Shares in the Ratio of 3:10.

2023 -The Company has splits its face value from Rs. 10/- to Rs. 5/-. -K P Energy Limited informed BSE that it has successfully charged 140MW power evacuation system for wind-solar hybrid power project at Fulsar site in Gujarat. -The Company has received a Certificate of Appreciation from GE India Industrial Pvt. Ltd. for the completion of a 300 MW wind power project.

2024 -The Company has issued Bonus Shares in the Ratio of 2:1. -The Company received new order for 1+ GW order for development of wind-solar hybrid and solar power projects. -The Company receipt of approval of Power Purchase Agreement for 30MW wind power project to be developed for Gujarat Urja Vikas Nigam Limited. -The Company Informed commissioning of 12.6MW (Phase-IX) ISTS Connected Wind Power Project at Sidhpur Site in Devbhoomi Dwarka. -The Company received new order for development of 86.1MW wind power project being part of wind-solar hybrid power project from ABREL EPC Limited. Detailed disclosure is enclosed herewith.