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Company News Details

State Bank of India
Industry :  Banks - Public Sector
BSE Code
ISIN Demat
Book Value()
500112
INE062A01020
506.8341644
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
SBIN
11.05
806802.13
EPS(TTM)
Face Value()
Div & Yield %
79.11
1
1.76
 

State Bank of India
KPI Green Energy secures santion of Rs 3,200 cr from State Bank of India
Sep 25,2025

KPI Green Energy secures a sanction of Rs 3,200 crore from State Bank of India (PF&SBU), comprising both fund-based and non-fund based facilities, to part-finance the development of its 250 MW Solar Project and 370 MW Hybrid Project in Gujarat, together aggregating over 1 GWp of the Company's Independent Power Producer (IPP) portfolio.

The sanctioned facilities will support two strategically significant renewable projects:

  1. 250 MW (AC) / 350 MWp (DC) Solar Power Project
  2. 370 MW Hybrid Power Project, comprising 557 MWp Solar portion and 124.20 MW Wind portion

Both projects are secured by 25-year long-term Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) and are being developed in the Bharuch and Surendranagar districts of Gujarat.

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