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04 May, 2024 10:54 IST
Acuite Ratings assigns 'ACUITE Provisional A-' ratings to KPI Global Infrastructure

 Acuite Ratings & Research has assigned rating of ACUITE Provisional A- (A Minus); Outlook: Stable for the long term facilities of Rs. 250 million by issuance of non-convertible debenture proposed to be issued, as may be decided by the board of directors of KPI Global Infrastructure.

KPI Global Infrastructure has signed new long term Power Purchase Agreement (PPA) with Sajjan India, Ankleshwar  for sale of 2.50 MW solar power for a period of 20 years under Independent Power Producer (IPP) business vertical.

Last week, the company has signed new long term Power Purchase Agreement (PPA) with Alliance Fibres, Surat for sale of 1.30 MW solar power for a period of 20 years under Independent Power Producer (IPP) business vertical.

Shares of the company was last traded at Rs 0.50, down 0.91%, to settle  at  Rs 54.50.  The total volume of shares traded  was 1,600 at  the BSE (Thursday).



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