KPI Green Energy Secures CEIG Approval for 100 MW Solar Project in Maharashtra

1 min read     Updated on 20 Jul 2026, 11:10 AM
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Jubin VScanX News Team
AI Summary

KPI Green Energy Limited has received CEIG charging permission from the Chief Electrical Inspector, Nagpur, for its 100 MW (AC)/128 MW (DC) grid-connected ground-mounted solar PV project executed on a turnkey EPC basis for MAHAGENCO at Ramthi, Narkhed, District Nagpur, Maharashtra. The approval marks a key regulatory milestone for project commissioning and expands the company's presence into Maharashtra with a marquee state-utility project.

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KPI Green Energy Limited has secured charging permission from the Chief Electrical Inspector to Government (CEIG), Nagpur, for its 100 MW (AC) / 128 MW (DC) grid-connected ground-mounted solar PV project. The project, executed on a turnkey EPC basis for Maharashtra State Power Generation Company Limited (MAHAGENCO), is situated at Ramthi, Narkhed, District Nagpur, Maharashtra. This approval allows the company to establish its presence in Maharashtra and adds a marquee state-utility project to its operating portfolio.

The charging permission is a critical regulatory step required for the commissioning of solar power projects, ensuring compliance with safety and technical standards. The project reflects the company's execution capabilities in delivering large-scale, grid-connected solar projects for reputed public-sector utilities.

Project Details

The solar project involves the installation of a grid-connected ground-mounted solar PV system. The following table outlines the key specifications of the project:

Parameter: Details
Project Capacity (AC): 100 MW
Project Capacity (DC): 128 MW
Project Type: Grid-connected ground-mounted solar PV
Execution Model: Turnkey EPC basis
Location: Ramthi, Narkhed, District Nagpur, Maharashtra
Client: Maharashtra State Power Generation Company Limited (MAHAGENCO)

Strategic Significance

With this approval, KPI Green Energy has expanded its footprint into Maharashtra. The inclusion of a state-utility project in its portfolio underscores the company's ability to secure and execute large-scale projects for government entities. The project is expected to contribute to the company's revenue and strengthen its position in the renewable energy sector.

Historical Stock Returns for KPI Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-1.71%+1.13%-1.24%-8.34%-25.75%+2,782.81%

What is the expected timeline for the commercial commissioning of the project following this CEIG approval?

How will the successful execution of this MAHAGENCO project influence KPI Green Energy's ability to secure future state-utility contracts in other regions?

What specific revenue contribution is anticipated from this project during the current fiscal year?

KPI Green Energy appoints Prof. Sunil Kumar Maheshwari as Vice-Chairman

1 min read     Updated on 04 Jul 2026, 12:27 PM
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KPI Green Energy Limited has appointed Prof. Sunil Kumar Maheshwari as Vice-Chairman (Non-Executive Director) of its Board, effective July 03, 2026, pending shareholder approval. The appointment, approved by the Board based on the recommendation of the Nomination and Remuneration Committee, leverages Prof. Maheshwari's nearly four decades of experience in academia, public sector, and industry to strengthen governance and strategic leadership.

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KPI Green Energy Limited has appointed Prof. Sunil Kumar Maheshwari as Vice-Chairman (Non-Executive Director) of its Board, effective July 03, 2026. The appointment, subject to shareholder approval, aims to strengthen the company's governance and strategic leadership as it expands its operations in the power and energy sectors. The Board approved the appointment based on the recommendation of the Nomination and Remuneration Committee, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Prof. Maheshwari brings nearly four decades of experience across academia, public sector leadership, and industry engagement. He served as Professor of Human Resource Management and Strategy at the Indian Institute of Management Ahmedabad (IIMA) and was Dean (Alumni and External Relations) at the institute. An alumnus of IIT Delhi, he began his career with Bharat Heavy Electricals Limited (BHEL) and served in the Indian Railway Personnel Service (IRPS), holding senior human resource leadership responsibilities.

His advisory roles include serving as Advisor to the Minister of Human Resource Development, Government of India, from 2009 to 2013. He has also served on the boards of institutions such as UCO Bank, Andhra Bank, and NTPC School of Business. His consulting work has focused on strategic transformation, leadership development, organizational restructuring, and business turnaround across the power, energy, and infrastructure sectors.

Board Composition Changes

Particulars Details
Appointed Director Prof. Sunil Kumar Maheshwari
Designation Vice-Chairman (Non-Executive Director)
Date of Appointment July 03, 2026
DIN 02317160
Shareholder Approval Required

Historical Stock Returns for KPI Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-1.71%+1.13%-1.24%-8.34%-25.75%+2,782.81%

How will Prof. Maheshwari's background in strategic transformation influence KPI Green Energy's expansion strategy in the power sector?

What specific governance improvements can shareholders expect following the appointment of the new Vice-Chairman?

Will the company leverage Prof. Maheshwari's public sector experience to secure new government infrastructure projects?

More News on KPI Green Energy

1 Year Returns:-25.75%