+
KP Energy Signs Rs 40 Billion Gujarat Renewables MoU
POWER & RENEWABLE ENERGY

KP Energy Signs Rs 40 Billion Gujarat Renewables MoU

KP Energy Limited has signed a memorandum of understanding with the Government of Gujarat to develop renewable energy projects across the state, with a proposed investment of around Rs 40 billion. The MoU was signed on January 12, 2026, at Marwadi University in Rajkot during the Vibrant Gujarat Regional Conference.

Under the agreement, KP Group plans to establish renewable energy projects with an aggregate capacity of approximately 855 MW. The portfolio will comprise solar power projects and interstate transmission system-connected wind–solar hybrid projects across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch near Bhuj.

The proposed project mix includes a 200 MW DC solar power project under the DREBP scheme and captive user segment, a 405 MW solar power project, a 100 MW ISTS-connected wind–solar hybrid project and a 150 MW ISTS-connected wind–solar hybrid project. The developments are expected to be implemented in a phased manner, subject to the receipt of statutory approvals and clearances.

KP Group said the projects are expected to generate significant employment, with more than 4,000 jobs likely to be created during development and execution, contributing to regional economic growth.

As part of the MoU, the Government of Gujarat will facilitate KP Group in obtaining the necessary permissions, registrations, approvals and clearances from relevant state authorities, in line with applicable policies and regulations, to enable timely project execution.

The agreement reinforces KP Group’s commitment to strengthening Gujarat’s renewable energy ecosystem and supporting the state’s clean energy and sustainable development objectives, while contributing to India’s broader transition towards non-fossil fuel-based power generation.

KP Energy Limited has signed a memorandum of understanding with the Government of Gujarat to develop renewable energy projects across the state, with a proposed investment of around Rs 40 billion. The MoU was signed on January 12, 2026, at Marwadi University in Rajkot during the Vibrant Gujarat Regional Conference. Under the agreement, KP Group plans to establish renewable energy projects with an aggregate capacity of approximately 855 MW. The portfolio will comprise solar power projects and interstate transmission system-connected wind–solar hybrid projects across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch near Bhuj. The proposed project mix includes a 200 MW DC solar power project under the DREBP scheme and captive user segment, a 405 MW solar power project, a 100 MW ISTS-connected wind–solar hybrid project and a 150 MW ISTS-connected wind–solar hybrid project. The developments are expected to be implemented in a phased manner, subject to the receipt of statutory approvals and clearances. KP Group said the projects are expected to generate significant employment, with more than 4,000 jobs likely to be created during development and execution, contributing to regional economic growth. As part of the MoU, the Government of Gujarat will facilitate KP Group in obtaining the necessary permissions, registrations, approvals and clearances from relevant state authorities, in line with applicable policies and regulations, to enable timely project execution. The agreement reinforces KP Group’s commitment to strengthening Gujarat’s renewable energy ecosystem and supporting the state’s clean energy and sustainable development objectives, while contributing to India’s broader transition towards non-fossil fuel-based power generation.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code