NSEUpdates8 Sept 2026 · 8 Sept 2026, 07:47 pm

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K.P. Energy Limited · KPEL

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K.P. Energy Limited has received a Letter of Intent (LOI) from Emmvee Energy Private Limited for a 21 MW Wind / 21 MWp Solar Hybrid Power Project under Group Captive Arrangement, marking the company's first order in Karnataka and an important step in its geographical expansion.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10

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Full Announcement

K.P. Energy Limited has informed the Exchange regarding 'Receipt of Letter of Intent (LOI) for 21 MW Wind / 21 MWp Solar Hybrid Power Project under Group Captive Arrangement'.

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KPENERGY_08092026194458_20_Receipt_of_LOI_Emmvee_42MW_Karnataka_Signed.pdf

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KPE/MAT/SEP/2026/679 September 8, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 539686 Symbol: KPEL Sub.: Receipt of Letter of Intent (LOI) for 21 MW Wind / 21 MWp Solar Hybrid Power Project under Group Captive Arrangement Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we are pleased to inform you that K.P. Energy Limited ("the Company") has received a Letter of Intent (LOI) from Emmvee Energy Private Limited for setting up a Wind-Solar Hybrid Power Project under the Group Captive route. The proposed project entails 21 MW of Wind capacity along with 21 MWp of Solar capacity, taking the total project size to 42 MW. The plant is proposed to be commissioned to meet the captive power requirements of Emmvee Energy Private Limited's manufacturing facilities in Karnataka. This marks the Company's first order in the State of Karnataka and represents an important step in its geographical expansion beyond its core markets. This development strengthens the Company's presence in the C&I and Group Captive space and reinforces its position as a trusted renewable energy partner. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, annexed herewith as Annexure A. This is for your information and records. Thanking you, Yours faithfully, Affan Faruk Patel Whole Time Director DIN: 0857633 ANNEXURE A Details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Particulars Details 1 Name of the entity awarding the Emmvee Energy Private Limited order(s)/contract(s); 2 Significant terms and conditions of Setting up of a wind solar hybrid power project order(s)/contract(s) awarded in comprising 21 MW Wind and 21 MWp Solar brief; capacity in Karnataka for Emmvee Energy Private Limited, under Group Captive mode in Karnataka. 3 Whether order(s) / contract(s) have Domestic Entity been awarded by domestic / international entity; 4 Nature of order(s) / contract(s); Letter of Intent (LOI) 5 Whether domestic or international; Domestic 6 Time period by which the order(s)/ In accordance with the timeline to be mutually contract(s) is to be executed; agreed upon under the definitive agreement. 7 Broad consideration or size of the The aggregate order size is 42 MW of Wind-Solar order(s)/contract(s); Hybrid Power Project comprising of 21 MW wind capacity and 21 MWp solar capacity. 8 Whether the promoter/ promoter No group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; 9 Whether the order(s) / contract(s) No fall within related party transactions? If yes, whether the same is done at ‘arm’s length’ *****