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K.P. Energy Ltd. ( (IN:KPEL) ) has provided an announcement.
KP Group has announced a strategic partnership with AHES Co. Ltd. from South Korea and GH2 Solar Ltd. from India to establish a Green Ammonia production facility in India with a capacity of 100,000 metric tons per annum. This collaboration supports India’s National Green Hydrogen Mission and involves KPI Green Hydrogen & Ammonia Private Limited, a KP Group company, which will develop and operate the facility. AHES and GH2 will provide technical and strategic support, with AHES also acting as a primary offtaker. The facility will target international markets, including South Korea and Japan, leveraging renewable energy solutions from KP Group entities.
More about K.P. Energy Ltd.
K.P. Energy Ltd. is part of the KP Group, which has over 30 years of experience in the renewable energy sector. The company is involved in providing renewable energy and infrastructure solutions, with a current portfolio of over 1.9 GW installed power capacity and 3.9 GW under development. The group focuses on advancing green energy solutions and decarbonizing the industrial sector.
Average Trading Volume: 50,668
Technical Sentiment Signal: Buy
Current Market Cap: 28.32B INR
For detailed information about KPEL stock, go to TipRanks’ Stock Analysis page.