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KP Group enters into MoU with Government of Gujarat

13 Jan 2026 Evaluate

KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat for the development of renewable energy projects in the State of Gujarat. Under the MoU, KP Group proposes to establish renewable energy projects with an aggregate capacity of approximately 855 MW, comprising solar power projects and ISTS-connected wind– solar hybrid power projects, across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch (Bhuj).

Proposed projects under the MoU are 200 MW (DC) Solar Power Project under DREBP scheme and captive user segment; 405 MW Solar Power Project; 100 MW ISTS-connected Wind–Solar Hybrid Power Project (CTU); and 150 MW ISTS-connected Wind–Solar Hybrid Power Project (CTU). The total proposed investment for these projects is around Rs 4,000 crore, with an estimated employment generation of over 4,000. The proposed projects are expected to be implemented in a phased manner, subject to receipt of applicable statutory approvals and clearances.

As per the MoU, the Government of Gujarat shall facilitate KP Group in obtaining necessary permissions, registrations, approvals and clearances from the relevant State authorities, in accordance with applicable policies, rules and regulations. This MoU underscores KP Group’s commitment to strengthening Gujarat’s renewable energy ecosystem and contributing to the State’s clean energy and sustainable development objectives. 

KP Energy is engaged in operating solar and wind energy projects in India.

KP Energy Share Price

391.70 19.20 (5.15%)
05-May-2026 12:34 View Price Chart
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