KP Group Crosses One Gigawatt Energised IPP Capacity Milestone

28 Mar 2026 CW Team

KP Group has crossed one gigawatt (GW) of energised independent power producer (IPP) capacity, from a total IPP portfolio of two point three gigawatts (GW).

The milestone follows a rise from 58 megawatts (MW) of energised capacity in FY21 to approximately 18 times that level over five years. This scale up reflects a strategic focus on building a high quality, owned IPP portfolio supported by disciplined execution.

Momentum in FY26 has been particularly strong, with substantial capacity additions and multiple projects commissioned ahead of schedule. The group is progressing ahead of plan towards a broader objective of scaling its power generation portfolio as a core value driver. Operational discipline and project delivery have been cited as key contributors to recent performance.

Financial closure has been secured across the active IPP pipeline, backed by leading institutional lenders, which indicates strong investor confidence and the bankability of the IPP focused business model. The current growth trajectory, underpinned by a robust pipeline, positions the group to meet or potentially exceed its target of 10 GW by 2030 across IPP and captive power producer (CPP) portfolios. Stakeholders are expected to benefit from the enhanced scale and long term value creation.

Established in 1994 by Dr. Faruk G. Patel, the group has developed expertise in renewable energy, infrastructure and innovation over three decades. It has advanced projects in wind, solar, hybrid energy, Battery Energy Storage System (BESS) and green hydrogen to support India’s green energy mission. The founding promoter described the milestone as a defining moment and affirmed continued commitment to accelerating growth and creating long term value for stakeholders. The company also emphasises strong governance, risk management and stakeholder engagement as part of its execution framework to sustain project performance and foster long term partnerships across the sector.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..