KPI Green Energy Ltd. has informed the exchanges that it has won a new order for a 100 MW Hybrid Captive Solar Power Project under the Captive Power Producer (CPP) segment of the company.

The company has received an order from Aether Industries and the projects will be completed in financial year 2025 in various tranches as per the terms of the order.

KPI Green has not shared the financial considerations for the order win in the exchange filing.

Earlier this month, the company informed the exchanges about signing a PPA for a 50 MW Solar-Wind Hybrid Power Project with the Gujarat Urja Vikas Nigam Ltd. The bid was secured through the reverse e-auction process.

In its most recent shareholding pattern, FPIs increased their stake in KPI Green from just over 5.5% in March to 6.1% at the end of the June quarter.

Even the number of small shareholders has increased from 1.51 lakh at the end of March to 1.91 lakh at the end of June.

KPI Green recently split its one share with a face value of ₹10 into two shares of face value of Rs 5 each. Earlier this year, it also issued one bonus share for every two shares that they held.