KPI Green Energises 965 MWp of IPP Portfolio
POWER & RENEWABLE ENERGY

KPI Green Energises 965 MWp of IPP Portfolio

KPI Green Energy Limited has energised 965 MWp capacity under its Independent Power Producer (IPP) portfolio, following the addition of 376 MWp.
The energised capacity includes around 182 MWp solar from the GUVNL 250/350 MWp project and approximately 164 MWp solar along with 30 MWp wind from the GUVNL 370 MW/677 MWp hybrid project. The milestone reflects progress in the phased execution of the company’s utility-scale renewable energy assets.
With a total IPP portfolio of 2.17 GWp, the remaining capacity is under development and will be commissioned in phases. The expansion is expected to strengthen long-term revenue visibility through contracted assets under power purchase agreements.
Commenting on the development, Dr. Faruk G. Patel, Chairman and Managing Director of KP Group, said, “Energising 965 MWp capacity under our IPP portfolio marks a significant milestone in KPI Green’s growth journey and reflects our strong project execution capabilities and commitment to India’s clean energy transition. With a total IPP portfolio of 2.17 GWp, we are steadily progressing towards commissioning the balance capacity in a phased manner. Our continued expansion across solar, wind, hybrid, and now energy storage solutions positions us well to deliver reliable, sustainable power while creating long-term value for all our stakeholders.”
The company has also commissioned a 200 MW (240 MWp) solar project at Khavda Solar Park under a long-term PPA with GUVNL, and achieved early commissioning of a 92.15 MWp hybrid project ahead of schedule.
In addition, KPI Green is developing 250 MW/350 MWp solar and 370 MW/677 MWp hybrid projects under PPAs signed in October 2024, with completion targeted by October 2026. A 150 MW wind project is also under execution, while its subsidiary has entered into a 445 MW / 890 MWh battery energy storage agreement, marking its expansion into energy storage.

KPI Green Energy Limited has energised 965 MWp capacity under its Independent Power Producer (IPP) portfolio, following the addition of 376 MWp.The energised capacity includes around 182 MWp solar from the GUVNL 250/350 MWp project and approximately 164 MWp solar along with 30 MWp wind from the GUVNL 370 MW/677 MWp hybrid project. The milestone reflects progress in the phased execution of the company’s utility-scale renewable energy assets.With a total IPP portfolio of 2.17 GWp, the remaining capacity is under development and will be commissioned in phases. The expansion is expected to strengthen long-term revenue visibility through contracted assets under power purchase agreements.Commenting on the development, Dr. Faruk G. Patel, Chairman and Managing Director of KP Group, said, “Energising 965 MWp capacity under our IPP portfolio marks a significant milestone in KPI Green’s growth journey and reflects our strong project execution capabilities and commitment to India’s clean energy transition. With a total IPP portfolio of 2.17 GWp, we are steadily progressing towards commissioning the balance capacity in a phased manner. Our continued expansion across solar, wind, hybrid, and now energy storage solutions positions us well to deliver reliable, sustainable power while creating long-term value for all our stakeholders.”The company has also commissioned a 200 MW (240 MWp) solar project at Khavda Solar Park under a long-term PPA with GUVNL, and achieved early commissioning of a 92.15 MWp hybrid project ahead of schedule.In addition, KPI Green is developing 250 MW/350 MWp solar and 370 MW/677 MWp hybrid projects under PPAs signed in October 2024, with completion targeted by October 2026. A 150 MW wind project is also under execution, while its subsidiary has entered into a 445 MW / 890 MWh battery energy storage agreement, marking its expansion into energy storage.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement