KP Green Engineering Limited has signed a memorandum of understanding with the Government of Gujarat for the development of 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 set up renewable energy projects with an aggregate capacity of approximately 855 MW, comprising solar power projects and interstate transmission system-connected wind–solar hybrid projects. The proposed developments will be spread across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch district near Bhuj. The proposed project portfolio 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 projects are expected to be implemented in a phased manner, subject to receipt of statutory approvals and clearances. KP Group said the developments are expected to generate significant employment opportunities, estimated at more than 4,000 jobs, contributing to local economic activity and skills development in the region. As part of the MoU, the Government of Gujarat will facilitate KP Group in obtaining necessary permissions, registrations, approvals and clearances from relevant state authorities, in line with applicable policies, rules and regulations. This support is intended to enable the timely execution of the proposed renewable energy projects. The agreement underscores 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.