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KPI Green Energy, Inox Solar to jointly develop 2.5 GW renewable energy projects across India

19 Nov 2025 Evaluate

KPI Green Energy has entered into a memorandum of understanding (MoU) with Inox Solar. The MoU establish a strategic partnership aimed at jointly developing 2.5 GW of Solar and Hybrid renewable energy projects across multiple states in India. Under the MoU, the company will undertake project development, which includes securing connectivity approvals, land acquisition, right-of-way (ROW) management, statutory approvals, and executing EPC and Balance of Plant (BOP) works. The company will also supply steel structures (solar MMS) and provide O&M services. Inox Solar will supply solar modules to the project site and will also undertake pre-commissioning, commissioning and O&M of the solar modules. This integrated approach enables both organisations to leverage their respective strengths to ensure efficient and high-quality project execution.

This collaboration is expected to strengthen the strategic positioning of both organisations across the renewable energy value chain. The company will gain from assured access to Inox Solar’s advanced solar, enhancing its capability to deliver integrated renewable energy assets, while Inox Solar will benefit from the company’s proven development expertise and strong execution track record. Together, both companies aim to accelerate India’s renewable energy growth by delivering large-scale solar and hybrid projects with enhanced operational efficiency. 

KPI Green Energy (formerly known as K.P.I. Global Infrastructure) is a solar power generating company focused on providing solar power, both as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as service provider to Captive Power Producer (CPP) customers. The company is a part of KP Group.

Peers
Company Name CMP
Larsen & Toubro 3927.15
Kalpataru Projects 1411.05
NCC 136.35
Rail Vikas Nigam 211.80
KEC International 402.90
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